van soest, arthur; Alessie, R.J.M.; Hochgürtel, S. - Tilburg University, Center for Economic Research - 2001
liquidity constraints less often buy ESSPs and, if they buy them, more often use them as a substitute for other savings …Since the early nineties, the Dutch tax system allows for a tax-favored form of risk free savings through employer …-sponsored savings plans (ESSPs).Under some conditions and up to a certain amount, the contributions to this plan are tax-deductible, and …