-person households (e.g. with a husband and a wife) from the Dutch CentER Savings Survey, we find that wives find saving for old age more …

income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch …

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … public pension payments. This reform did not change the level of pensions, but only provided information to individuals about … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …

saving by public and private pensions. Some parameters of the model are estimated and others are calibrated to match life … benefit (DB) and defined contribution (DC) pensions on average crowd out household wealth by $ 0 09 and $ 0 37 per dollar of …) generally resulting in larger simulated crowd out. A welfare analysis implies that DB pensions and Social Security are not …