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these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … their expected pension payments. Using German tax return data, we exploit an age discontinuity to identify the effect of …
Persistent link: https://www.econbiz.de/10011782119
were interviewed to assess their knowledge about pensions and financial issues and about their own savings and personal … wealth planned for retirement. The responses showed that their knowledge and awareness of retirement planning was limited. We …
Persistent link: https://www.econbiz.de/10012262648
were interviewed to assess their knowledge about pensions and financial issues and about their own savings and personal … wealth planned for retirement. The responses showed that their knowledge and awareness of retirement planning was limited. We …
Persistent link: https://www.econbiz.de/10012288024
Persistent link: https://www.econbiz.de/10012297379
Persistent link: https://www.econbiz.de/10012309118
Gross pension wealth shows the size of the lump sum that would be needed to buy a flow of pension payments equivalent …
Persistent link: https://www.econbiz.de/10013523951
Persistent link: https://www.econbiz.de/10012182121
Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...
Persistent link: https://www.econbiz.de/10011429583
A Danish tax reform, decided in May 2009 and taking effect from the beginning of 2010, lowered the marginal tax rate on … top bracket taxable income from 63% to 56%. Because contributions to pension accounts are tax deductible, the reform … that this led to an increase in total savings. …
Persistent link: https://www.econbiz.de/10011523609
This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch and American workers. Participants were 988 Dutch and 429 Americans, 25-64 years of age. Analyses were designed to: (a) examine the extent to which structural variables were...
Persistent link: https://www.econbiz.de/10011349213