Table 6: Simulated impact of a temporary 10% to 40% tax reduction for workers aged 60+ (percentage point difference relative to the benchmark scenario).

Labour supply per capita National savings Capital stock per capita Real GDP per capita
20302050203020502030205020302050

10%0.240.050.210.150.080.160.200.07
20%0.460.090.420.310.160.310.390.15
30%0.680.140.610.470.240.460.560.22
40%0.880.190.800.650.300.600.730.30