structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity … by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment …

pensionreforms led to an increase in the household savings rate in Germany until about2010. As domestic investment opportunities …. After 2010, private savings remained rather stable, but opportunities to investin Germany declined further. Our simulations … could not absorb these additional sav-ings, they were partly invested abroad. The German current account-to-GDP ratiorose …

pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household … sharing. The empirical results suggest that household bargaining is significantly correlated with individual retirement … household resources amongst each other in retirement. Finally, our data indicate that intracouple information sharing and …

social programs, savings and the labor supplies of all adult household members. The optimal policy mix focuses mainly on … and savings decisions of singles and married couples. Partial insurance against wage and employment shocks is provided by … Social Assistance, which provides a permanent universal household income oor, with a minor role for temporary earnings …

, savings, and the labor supplies of all adult household members. We show that the optimal policy mix is dominated by moderately …. To do so, we specify a structural life-cycle model of the labor supply, savings, and social assistance claiming decisions … generous social assistance, which guarantees a permanent universal minimum household income, with only a minor role for …

In a three-region New Keynesian life-cycle model calibrated to Germany, the Euro area (without Germany) and the rest of … unsynchronized demographic trends by taking those of Germany as given and assuming constant population everywhere else, we are able …

Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax … scheme on households' propensities to save in a natural experiment framework. Estimation results from both the German Socio …. -- Household saving ; Saving incentives ; Retirement ; Riester scheme ; Coarsened exact matching …

We examine financial literacy in Germany and its relevance for financial well-being. Using data from the Panel on … Household Finances collected in 2021, we show that about 62% of German households answer the Big Three financial literacy … questions correctly. Those with lower education, who are out of the labor force, women, and those living in East Germany have …

Soest (1995), the labor supply decision is based on a household utility function which is determined by the leisure of the … two spouses and net household income. Furthermore, heterogeneity of preferences and the German tax and benefit system are …