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PUNISHING THE POOR: A CRITIQUE OF MEANS-TESTED RETIREMENT BENEFITS |
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| Authors: | Oskari Juurikkala |
| Institution: | Institute of Economic Affairs and Ansgar Economics |
| Abstract: | Means-tested retirement benefits create strong disincentives to work and to save prior to retirement. This article outlines the structure of means-tested benefits in the UK and the USA, and reviews the theoretical and empirical evidence of their incentive effects. |
| Keywords: | |