How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide … evidence that this is not due to a crowding-out of other forms of savings. We also show that labor earnings, i.e. the most …

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide … evidence that this is not due to a crowding-out of other forms of savings. We also show that labor earnings, i.e. the most …

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … on private retirement savings. Our results show that the letters increase private retirement savings. The effects are … increase in savings partly crowds out charitable donations. Moreover, we present evidence suggesting that both information and …

This paper analyzes the effectiveness of social protection systems in Europe and the US to provide (income) insurance … income shock and 47% of an idiosyncratic unemployment shock in Europe, compared to 32% and 34% in the US. There is large … heterogeneity within Europe with stabilization being much lower in Eastern and Southern than in Central and Northern Europe. Our …

in Eastern and Southern Europe are much lower than in Central and Northern European countries. We also investigate …

in Eastern and Southern Europe are much lower than in Central and Northern European countries. We also investigate …