Knabe, Andreas; Weimann, Joachim - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 95 (2015) 10, pp. 701-709
The ageing of the German population will necessarily reduce the pension levels provided by the German pay …-as-you-go public pension insurance. The pension reforms of the last decade aimed at encouraging savings in private, fully …-funded pension insurances (through tax advantages and subsidies). However, only a minority of Germans has decided to make use of …