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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 …
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attributes and people's savings motives. -- Occupational Pensions ; Retirement Provision ; Demographic Change ; SMEs …
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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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Relationships between individual traits and savings decisions vary geographically. Understanding the structure of such … that individuals can save for themselves. This paper analyses the regional structure of individual savings decisions in the …
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-demographic attributes and people's savings motives. …
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