Corneo, Giacomo (contributor); Keese, Matthias (contributor) - 2007
In 2001 the German government started to promote the development of private pensions by means of special saving … from the German Socio-economic Panel, we scrutinize the impact of the Riester-scheme on private saving. Our estimation … households' saving rate. Thus, rather than creating saving, this policy seems to make people substitute previous contracts by …