A Model of the Link between the Fiscal System and Singapore's Central Provident Fund in General Equilibrium

This paper demonstrates a channel through which the fiscal system interacts with the choice of CPF contribution rates to affect total savings, and hence, capital accumulation and the current account. It is shown that in the presence of a wage income tax, raising either the employee's or employe...

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Bibliographic Details
Main Authors: HOON, Hian Teck, TEO, Kai Lin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1992
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/223
https://ink.library.smu.edu.sg/context/soe_research/article/1222/viewcontent/FiscalnCPF2.pdf
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Institution: Singapore Management University
Language: English