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Complementing the statutory pay-as-you-go pension system in Germany by a publically subsidised system of capital-funded private pensions makes sense. However, the existing system suffers from some central weaknesses: the defective regulation regarding commission-based selling of policies,...
Persistent link: https://www.econbiz.de/10011185724
Das in dem staatlich geförderten und nachgelagert besteuerten Riester-Vertrag angesparte Kapital kann zum Erwerb einer eigengenutzten Wohnimmobilie eingesetzt werden. Im Zuge des Eigenheimrentengesetzes wurden die Bedingungen der Entnahme und Rückführung von Riester-Kapital flexibler...
Persistent link: https://www.econbiz.de/10008462160
Die staatlich geförderte und nachgelagert besteuerte Riester-Rente konkurriert als Vehikel der privaten Altersvorsorge mit alternativen Anlageformen. Aufgrund unterschiedlicher steuerlicher Behandlung dieser Alternativen ist die Optimale zu identifizieren. Dabei ist zu berücksichtigen, dass...
Persistent link: https://www.econbiz.de/10008462225
This study examines factors affecting tax-deferred retirement savings among farm households. A double-hurdle model is estimated using 2003 Agricultural Resource Management Survey (ARMS) farm-level national data. Results indicate that demographic factors, total household income, off-farm work,...
Persistent link: https://www.econbiz.de/10009132462
prototype Longitudinal Business Database (LBD). We use probit regression models to estimate the impact of skills shortages on …
Persistent link: https://www.econbiz.de/10010840547
In this paper we provide empirical evidence on the determinants of the monetary policy stance by the Bank of Spain over the period 1984-1998, by means of modelling a marked point process explaining the probability of an intervention at each point in time (events) and the size of these...
Persistent link: https://www.econbiz.de/10005136769
smoking, in particular the role of tobacco taxes. Standard probit analysis is applied to both starting and quitting. Tobacco …
Persistent link: https://www.econbiz.de/10005686011
ordered probit models are estimated for air and water quality. The results indicate that the probability of having acceptable …
Persistent link: https://www.econbiz.de/10005721969
The aim of this article is to point at main implications stemming from behavioural economics for retirement savings. The author presents main models of choice relevant to the intertemporal choice developed by economical psychologists (prospect theory, hyperbolic discount function, system of...
Persistent link: https://www.econbiz.de/10010875591
This article introduces four metrics quantifying the adequacy of retirement savings taking into account all major sources of retirement income. The metrics are applied to a representative sample of the Australian population aged 40 and above. Employers in Australia currently make compulsory...
Persistent link: https://www.econbiz.de/10010902163