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 … suggests that those who have access to this type of savings should participate in them, provided they have some financial …

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 planare tax-deductible, and … suggests that those who have access to this type of savings should participate inthem, provided they have some financial wealth …

paper we study the effect of this development on the demand for second mortgages and on the savings of Dutch households. We … investigate the effect of house prices on (i) the number and size of second mortgages, (ii) the savings of owner-occupiers and … (iii) the savings of renters that may be considered as would-be owners. We find a significant effect of home equity on the …

paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We …) the savings of renters that may be considered as would-beowners. We find a significant effect of home equity on the demand … for second mortgages.Savings of homeowners decrease when house prices accelerate. We find no evidence that inc …