Econ Papers Daily / 期刊论文
对穷人财富征税：来自丹麦老年支持资产审查的证据
Taxing the Wealth of the Poor:Evidence from the Danish Old-Age Support Asset Test
摘要
We document strong behavioral responses to an asset test for an old-age support program in Denmark using comprehensive administrative data. We show that the density distribution of the liquid assets targeted by the test exhibits large but diffuse excess mass below the threshold for the treated group relative to control groups of comparable but ineligible individuals. A cohort analysis exploiting the panel structure suggests that the program reduces liquid assets by 20 percent around the threshold. Analyzing high-frequency bank data on assets and cash withdrawals shows that the excess mass around the threshold largely reflects permanent rather than temporary responses. (JEL D91, G51, H24, H55, I32, J14)
中文摘要
我们利用全面的行政数据，记录了丹麦一项老年支持计划中资产测试引发的强烈行为反应。研究表明，该测试所针对的流动资产密度分布在阈值以下呈现出大量但分散的超额聚集，相较于具有可比性但不符合条件的对照组而言。基于面板结构的队列分析表明，该计划使阈值附近的流动资产减少了20%。通过对资产和现金提取的高频银行数据进行分析，发现阈值附近的超额聚集主要反映的是永久性而非暂时性反应。（JEL分类号：D91, G51, H24, H55, I32, J14）