Prior to the recession of 2008/09 household saving was extremely low in the United States. In the context of the recession the saving rate has increased by about 2 percentage points to close to 4%. Such a rise is in line with the record from previous recessions. The study argues that, this time,...

(...)Note that no unique, completed theory can be applied to life insurance saving, with different social-economic system across countries, inference in terms of those factors influencing the saving through life insurance in some industrial countries might not be suitable to others....

Die Landeseinnahmen werden in Mecklenburg-Vorpommern in den kommenden Jahren sinken, da die Zuweisungen im Rahmen des Länderfinanzausgleichs wegen der abnehmenden Bevölkerungszahl, rückläufiger Zahlungen aus den EU-Fonds sowie der Degression des Solidarpaktes II zurückgehen. Dies wird auch...

In 2001, the voluntary additional Riester pension scheme was implemented in Germany. Financial subsidies should incentivize people to increase their private pension savings. In this paper, we hypothesize that these publicly subsidized savings mainly replace existing not subsidized savings and...

Given that savings behaviour and worker productivity have strong life-cycle components and given that demographic profiles vary across countries, population age structure should be linked to differences in levels of economic development. In this paper we measure the economic importance of age...