Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax exemptions - the so-called Riester scheme. We apply matching and panel regression techniques to assess the impact of the Riester scheme on households' propensities to save in a...

Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax exemptions - the so-called Riester scheme. We apply matching and panel regression techniques to assess the impact of the Riester scheme on households' propensities to save in a...

We empirically investigate the distributional consequences of the Riester scheme, the main private pension subsidization program in Germany. We find that 38% of the aggregate subsidy accrues to the top two deciles of the population, but only 7.3% to the bottom two. Nonetheless the Riester scheme...

Angesichts der gesellschaftlichen Alterung ist es aus volkswirtschaftlicher Sicht unabdingbar, ältere Menschen stärker in das Wirtschaftsgeschehen zu integrieren, einerseits um dem sich abzeichnenden Fachkräftemangel bei Jüngeren entgegenzuwirken, andererseits um den Sozialstaat zu...