Work

The effect of saving subsidies on household saving

Year: 2010

Type: preprint

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.

Source: RePEc: Research Papers in Economics

DOI: 10.17169/fudocs_document_000000005073

Authors: Corneo, Giacomo, Keese, Matthias, Schröder, Carsten

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: No poverty

Open Access status: green

OpenAlex ID: W1591835899

Cites: 12

Cited by: 13

Related to: 10