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Author:Jappelli, T.
Pistaferri, L.
Title:Tax incentives and the demand for life insurance: evidence from Italy
Journal:Journal of Public Economics
2003 : AUG, VOL. 87:7-8, p. 1779-1799
Index terms:Taxation
Incentives
Portfolio selection
Life insurance
Italy
Language:eng
Abstract:Using repeated cross-sectional data from 1989 to 1998, the authors find that tax reforms had no effect on the decision to invest in life insurance or the amount invested. The likely explanations are the lack of information and lack of commitment to long-term investment.
SCIMA record nr: 253234
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