1.

Record Nr.

UNINA9910813816303321

Autore

Egoume Bossogo Philippe

Titolo

Tax, Welfare, and Pension Reforms in Slovenia : : Implications for Work Incentives and Labor Participation / / Philippe Egoume Bossogo, Anita Tuladhar

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-2053-8

1-4527-7737-3

1-282-60663-8

9786613822680

1-4519-1011-8

Edizione

[1st ed.]

Descrizione fisica

1 online resource (35 p.)

Collana

IMF Working Papers

Altri autori (Persone)

TuladharAnita

Soggetti

Labor supply - Slovenia

Public welfare - Slovenia

Income tax - Slovenia

Pensions - Slovenia

Early retirement - Slovenia

Labor

Macroeconomics

Public Finance

Nonwage Labor Costs and Benefits

Private Pensions

Wages, Compensation, and Labor Costs: General

Social Security and Public Pensions

Labor Economics: General

Retirement

Retirement Policies

Labour

income economics

Pensions

Wages

Pension spending

Labor economics

Slovenia, Republic of

Lingua di pubblicazione

Inglese



Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"December 2006."

Nota di bibliografia

Includes bibliographical references (p. 28-29).

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. RETIREMENT INCENTIVES IN THE PUBLIC PENSION SYSTEM""; ""III. LABOR PARTICIPATION AND TAX AND BENEFIT SYSTEMS IN SLOVENIA""; ""IV. CONCLUSION""; ""References""; ""APPENDIX I. PUBLIC PENSIONS SYSTEM PARAMETERS""; ""APPENDIX II. LIFE EXPECTANCY""; ""APPENDIX III. TAXATION AND BENEFITS RELATED TO JOB STATUS""

Sommario/riassunto

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.