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these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … their expected pension payments. Using German tax return data, we exploit an age discontinuity to identify the effect of …
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Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...
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This paper examines how families adjust their private old-age savings in response to a change in individual pension … wealth. The regression discontinuity approach exploits two expansions of the child care pension benefit, in 1992 and in 1999 …): 1998, 2003 and 2008. All results indicate that families do not adjust their private old-age savings in response to the …
Persistent link: https://www.econbiz.de/10011441486
This paper examines how families adjust their private old-age savings in response to a change in individual pension … wealth. The regression discontinuity approach exploits two expansions of the child care pension benefit, in 1992 and in 1999 …): 1998, 2003 and 2008. All results indicate that families do not adjust their private old-age savings in response to the …
Persistent link: https://www.econbiz.de/10012996685
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