This report examines the behavioral effects of inheritance, estate and gift taxes. It also provides an overview of inheritance, estate and gift tax practices in other countries, as well as the reasons that led to the abolition of inheritance taxes in Sweden and Norway. Economic literature...

This report examines the behavioral effects of inheritance, estate and gift taxes. It also provides an overview of inheritance, estate and gift tax practices in other countries, as well as the reasons that led to the abolition of inheritance taxes in Sweden and Norway. Economic literature...

Finland's Strategic Programme for a Circular Economy seeks to increase both resource productivity and circular material use rate twofold by 2035. Evidence suggests that current policies may not be adequate to reach these targets. Consequently, greater efforts are needed to bridge the gap. The...

Finland's Strategic Programme for a Circular Economy seeks to increase both resource productivity and circular material use rate twofold by 2035. Evidence suggests that current policies may not be adequate to reach these targets. Consequently, greater efforts are needed to bridge the gap. The...

We study the extent to which retired households in Finland could supplement their mandatory pension benefits by releasing their equity. We also consider the tax treatment of different financial products that turn wealth into an income stream. In addition, we use a life cycle consumption-savings...

Elderly people could markedly increase they standard of living by releasing their housing equity. Purchase of a single-payment life annuity would increase the benefits of this release. The tax treatment of these annuities is, however, very strict in Finland, because both yield and capital are...