26 U 0206:30-07-26 0206:30-07-26 06:41:18.000 0206:30-07-26 utf8 0 Osu Text txt Computermedien c Online-Ressource cr 1980404615 10.1257/aeri.20240634 KXP 1980404615 eng rda 2026 https://www.aeaweb.org/articles/pdf/doi/10.1257/aeri.20240634 application/pdf H ZZ https://doi.org/10.1257/aeri.20240634 R ZZ https://www.aeaweb.org/articles/materials/25380 application/pdf H Data set ZZ Taxing the wealth of the poor evidence from the Danish old-age support asset test by Niels Johannesen, Johan Sæverud, and Emmanuel Saez Niels Johannesen VerfasserIn aut Johan Sæverud VerfasserIn aut 391471694 Tpv3 gnd/129251712 297562622 piz Saez Emmanuel 1972 VerfasserIn aut 8 2026 2 6 247-264 Enthalten in 1047359049 Obv zdb/2957500-X 516569716 2640-2068 American Economic Review Insights Nashville, TN American Economic Association 2019 Online-Ressource 202600000080002753 49 Aufsatz in Zeitschrift Article 26 PICA 30-07-26 06:40:27.000 utf8 30-07-26 7835 0206 We document strong behavioral responses to an asset test for an old-age support program in Denmark using comprehensive administrative data. We show that the density distribution of the liquid assets targeted by the test exhibits large but diffuse excess mass below the threshold for the treated group relative to control groups of comparable but ineligible individuals. A cohort analysis exploiting the panel structure suggests that the program reduces liquid assets by 20 percent around the threshold. Analyzing high-frequency bank data on assets and cash withdrawals shows that the excess mass around the threshold largely reflects permanent rather than temporary responses. 30-07-26 30-07-26 06:40:27.000 utf8 30-07-26 7835 0206 5003657153 30-07-26 x1z