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cc-by-nc-nd, (c) Harju, 2009
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/116979

Voluntary pension savings: the effects of the finnish tax reform on savers’ behaviour

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Many countries tax voluntary pension savings using the so-called EET model, based on tax-deductible savings and taxable withdrawals. In Finland the tax reform of 2005 changed the tax rate schedule from progressive to proportional, while the basic structure of the EET model was retained. This paper studies empirically the savers’ behavioural changes as a result of the reform using individual level data. The econometric estimations indicate that the reform altered pension saving behaviour by reducing the labour income and age effects on saving contributions in a statistically significant way. Also, the reform reduced the number of pension savers among high income-earners.

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HARJU, Jarkko. Voluntary pension savings: the effects of the finnish tax reform on savers’ behaviour. _IEB Working Paper 2009/22_. [consulta: 23 de gener de 2026]. [Disponible a: https://hdl.handle.net/2445/116979]

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