using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize …-level heterogeneity is household size, as individuals living in multi-member households have the potential to share goods within the … household, benefiting from household-size economies. Theoretically, we show that validating the role of a representative …

-Economic Panel and the SAVE study indicate that private saving was hardly aff ected by the introduction of the Riester scheme. …

-Economic Panel and the SAVE study indicate that private saving was hardly affected by the introduction of the Riester scheme. …

In 2001 the German government started to promote the development of private pensions by means of special saving … from the German Socio-economic Panel, we scrutinize the impact of the Riester-scheme on private saving. Our estimation … households saving rate. Thus, rather than creating saving, this policy seems to make people substitute previous contracts by …

way a single representative household would behave. This analytical approach requires that incentives of the poor and the … available at the household level, and individuals living in multimember households have the potential to share goods within the … household. The analytical approach of modern macroeconomics would require that intra-household sharing is also strictly aligned …

Since 2002 the German government has promoted private retirement saving plans by means of special subsidies and tax …

using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize …-level heterogeneity is household size, as individuals living in multi-member households have the potential to share goods within the … household, benefiting from household-size economies. Theoretically, we show that validating the role of a representative …

the very least. This applies for instance to education and care services for children. A household’s private expenditure … higher share of their household budget for this purpose—this applies both to overall education expenditure and to spending on … share of the household’s income spent on education. More progressive fee scales could help reducing expenditure burdens of …