The effect of saving subsidies on household saving : evidence from Germany

Giacomo Corneo; Matthias Keese; Carsten Schröder

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. -- Household saving ; Saving incentives ; Retirement ; Riester scheme ; Coarsened exact matching

MoreLess

Year of publication:	2010
Authors:	Corneo, Giacomo ; Keese, Matthias ; Schröder, Carsten
Publisher:	Berlin : Freie Univ., Fachbereich Wirtschaftswiss.
Subject:	Private Altersvorsorge \| Private retirement provision \| Sparförderung \| Saving incentives \| Steuervergünstigung \| Tax incentive \| Wirkungsanalyse \| Impact assessment \| Sparen \| Savings \| Privater Haushalt \| Household \| Deutschland \| Germany

freely available

Full text |

More access options

edocs.fu-berlin.de

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

Extent:	Online-Ressource (30 S.) Ill.
Series:	Discussion paper. - Berlin : Freie Universität Berlin, ZDB-ID 2921112-8. - Vol. 2010/3
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
ISBN:	978-3-941240-15-5
Other identifiers:	hdl:10419/30318 [Handle]
Classification:	D12 - Consumer Economics: Empirical Analysis ; D14 - Personal Finance ; H24 - Personal Income and Other Nonbusiness Taxes and Subsidies ; H31 - Household ; I38 - Government Policy; Provision and Effects of Welfare Programs
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003952553