Savings and taxes in a life cycle growth model with age-earnings profile / by Denis Gauthier.: EC22-3/1985-288E-PDF
"In this paper, saving rates and their interest rate elasticities are estimated using a multi-period life cycle model. It is shown that assumptions concerning the age-time profile of individual earnings and their effects on the lifetime budget constraint can have as much impact on saving rates and their interest rate elasticities as the choice of functional form and parameter values of the individual's lifetime utility function"--Abstract.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.862664&sl=0
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| Title | Savings and taxes in a life cycle growth model with age-earnings profile / by Denis Gauthier. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Description | 60 p. |
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