Haupttitel:
The effect of saving subsidies on household saving
Titelzusatz:
evidence from Germany
Autor*in:
Corneo, Giacomo; Keese, Matthias; Schröder, Carsten
Datum der Freigabe:
2010-03-30T08:37:30.266Z
Abstract:
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 natural
experiment framework. Estimation results from both the German Socio-Economic
Panel and the SAVE study indicate that private saving was hardly affected by
the introduction of the Riester scheme.
Freie Schlagwörter:
Household saving
Saving incentives
Retirement
Riester scheme
Coarsened exact matching
DDC-Klassifikation:
336 Öffentliche Finanzen
Fachbereich/Einrichtung:
Wirtschaftswissenschaft
Volkswirtschaftslehre
Schriftenreihe:
Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin
Zählung Schriftenreihe:
2010,3 : Economics