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.

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Publication information
Department/Agency Economic Council of Canada.
Title Savings and taxes in a life cycle growth model with age-earnings profile / by Denis Gauthier.
Series title Discussion paper ; no. 288
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "August 1985."
Digitized edition from print [produced by the Publishing and Depository Services Directorate].
Includes bibliographic references.
Includes abstract in French.
Publishing information Ottawa : Economic Council of Canada, 1985.
Author / Contributor Gauthier, Denis.
Description 60 p.
Catalogue number
  • EC22-3/1985-288E-PDF
Subject terms Taxes
Savings
Income tax
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