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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Main Authors: | HOON, Hian Teck, TEO, Kai Lin |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
1992
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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 |
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