Tax, welfare, and pension reforms in Slovenia : implications for work incentives and labor participation /
The labor participation rate in Slovenia has been lower than in the EU-15 (the members states prior to May 2004), particularly for the low-income and older individuals. Using simulations of tax and social benefits and public pensions, the paper shows how the current tax, welfare, and pension systems...
| Main Authors: | , |
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| Corporate Author: | |
| Format: | Book |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, European Dept.,
2006
[Washington, D.C.] : International Monetary Fund, c2006 Washington, D.C. : 2006 |
| Series: | IMF Working Papers ;
Working Paper No. 06/298 IMF Working Papers; Working Paper ; No. 2006/298 IMF eLibrary IMF working paper ; WP/06/298 |
| Subjects: |
| Summary: | The labor participation rate in Slovenia has been lower than in the EU-15 (the members states prior to May 2004), particularly for the low-income and older individuals. Using simulations of tax and social benefits and public pensions, the paper shows how the current tax, welfare, and pension systems create disincentives to work among these groups. The paper finds that incentives to retire early are strong for men, especially low-wage earners. The marginal effective tax rates also make it costly for low-income individuals to work and negatively affect the probability of participating. The paper proposes reform measures to enhance work incentives and labor participation, which will be crucial for dealing with population aging and for achieving higher potential growth in Slovenia The labor participation rate in Slovenia has been lower than in the EU-15 (the members states prior to May 2004), particularly for the low-income and older individuals. Using simulations of tax and social benefits and public pensions, the paper shows how the current tax, welfare, and pension systems create disincentives to work among these groups. The paper finds that incentives to retire early are strong for men, especially low-wage earners. The marginal effective tax rates also make it costly for low-income individuals to work and negatively affect the probability of participating. The paper proposes reform measures to enhance work incentives and labor participation, which will be crucial for dealing with population aging and for achieving higher potential growth in Slovenia |
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| Item Description: | Part of the IMF eLibrary collection "December 2006." |
| Physical Description: | 1 online resource (33 pages) : illustrations 1 online resource (33 pages) 33 p. : ill. ; 28 cm Also available online via the World Wide Web; access restricted to licensed sites/users |
| Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002 |
| Bibliography: | Includes bibliographical references (p. 28-29) Includes bibliographical references (pages 28-29) |
| ISBN: | 1282606638 1451865589: 1451910118 1452777373 1462320538 661382268X 9781282606630 9781451910117 9781452777375 9781462320530 9786613822680 |
| ISSN: | 1018-5941 2227-8885 2227-8885 ; |
| Access: | Restricted for use by site license Restricted for use by site license. |