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Persistent link: https://www.econbiz.de/10012019405
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Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax …. -- Household saving ; Saving incentives ; Retirement ; Riester scheme ; Coarsened exact matching …
Persistent link: https://www.econbiz.de/10003952553
Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax …. -- Household saving ; saving incentives ; retirement ; Riester scheme ; coarsened exact matching …
Persistent link: https://www.econbiz.de/10003941676
decades. Voluntary savings for retirement will therefore gain more and more relevance in order to maintain one’s standard of … living during retirement. This article examines the savings behavior for retirement on an individual level in Germany. As a … well as the disposable household income. Furthermore migrants and individuals living in the Eastern part of Germany turn …
Persistent link: https://www.econbiz.de/10010517686
We analyse how the financial support for long-term elderly care affects the level of household savings. Using a … be flexibly estimated across age groups. We find that the Scottish policy reduced the average household saving by about … £7,200. Moreover, the estimated effects are heterogeneous across age groups of the head of household: these effects are …
Persistent link: https://www.econbiz.de/10011308491
This paper contributes the on-going debate on income inequality in advanced economies with a proposal aimed at reducing costly investment mistakes that are prevalent among middle-class households. The paper starts by describing how households should invest, compares it with what we know about...
Persistent link: https://www.econbiz.de/10011339155
This paper analyzes the state and impact of financial literacy in a so far largely neglected group: the middle class in emerging economies. This group is of increasing importance for implementing structural change, including the proper use of sophisticated financial products. We survey middle...
Persistent link: https://www.econbiz.de/10010384209
correct for some parts of household savings, we question the correctness of the unitary model with respect to non …-mandatory retirement savings. To answer this question we analyze the intra-household allocation of retirement savings between partners in … of household decision making can thus be rejected with respect to retirement savings. …
Persistent link: https://www.econbiz.de/10011434405
country, the paper finds that a possible explanation is that household savings account for a majority of domestic savings, and … household savings in Mexico have a clear age-increasing trend and have been growing across generations during the past 30 years … systematically higher domestic savings than other countries in the region. Using the wealth of relevant databases available for the …
Persistent link: https://www.econbiz.de/10011485820