000			02068nab a2200301 c 4500
003			ES-MaIEF
005			20180403121934.0
007			ta
008			180403t2017 cn ||||| |||| 00| 0 eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_965942 _aAl Zaman, Ashraf
245		0	_aDistributional impacts of Canada's tax-free savings accounts _c Ashraf Al Zaman
260			_c2017
500			_aDisponible en formato electrónico a través de la Biblioteca del IEF.
500			_aResumen.
504			_aBibliografía.
520			_aSince 2009, Canadians have had the opportunity to contribute to tax-free savings accounts (TFSAs). This study provides insight into the attributes of TFSA participants. I use data from the Canada Revenue Agency (CRA) for general participation trends and the 2012 Survey of Financial Security (SFS) to examine the socio-economic characteristics of participants and their contributions. Examining data from the CRA, I find that the majority of tax-filing Canadians did not participate in the TFSA program by 2013, with age and income level affecting participation and contribution decisions. Evidence from the SFS data corroborates that obtained from the CRA data. I find that households with children or households headed by individuals with less than postsecondary education are less likely to participate. In addition, I find that households with higher net worth are more likely to participate and contribute more. Consequently, I conclude that TFSAs are likely to have an economically significant distributional impact, making them less attractive on distributional grounds.
650		4	_99340 _aAHORRO
650		4	_947460 _aIMPUESTOS
650		4	_944038 _aEXENCIONES TRIBUTARIAS
650		4	_98496 _aDISTRIBUCION
650		4	_950200 _aRENTA
650		4	_933508 _aCANADA
773	0		_939490 _oop 1398 _tCanadian Public Policy _w(IEF)34922 _x 0317-0861 _g v. XLIII, n. 4, December/Décembre 2017, p.331-349
856			_uhttps://www.utpjournals.press/doi/pdf/10.3138/cpp.2016-039
942			_2udc _cART
999			_c137674 _d137674