Makarski, Krzysztof; Tyrowicz, Joanna; Komada, Oliwia - 2022
We study interactions between progressive labor taxation and social security reform. Increasing longevity puts fiscal … strain that necessitates the social security reform. The current social security is redistributive, thus providing (at least … partial) insurance against idiosyncratic income shocks, but at the expense of labor supply distortions. A reform which links …