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How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … change the level of pensions, but only manipulated the knowledge about and salience of expected pension payments. Using … on private retirement savings. Our results show that the letters increase private retirement savings. The effects are …
Persistent link: https://www.econbiz.de/10011536015
Persistent link: https://www.econbiz.de/10010413882
Persistent link: https://www.econbiz.de/10012315673
A model is presented for simulating the tax burden on highly skilled manpower. The effective average tax rate, defined as the relative wedge between total remuneration and disposable income, is computed. Income and payroll taxes and social security contributions not yielding an equivalent...
Persistent link: https://www.econbiz.de/10010297384
A model is presented for simulating the tax burden on highly skilled manpower. The effective average tax rate, defined as the relative wedge between total remuneration and disposable income, is computed. Income and payroll taxes and social security contributions not yielding an equivalent...
Persistent link: https://www.econbiz.de/10005097743
Persistent link: https://www.econbiz.de/10002244514
The paper surveys the state of German pension system after a sequence of reforms aimed at achieving long-term sustainability. We argue that the latest reforms have moved pension provision in Germany in principle from a defined benefit to a defined contribution scheme, and that this move has...
Persistent link: https://www.econbiz.de/10010298806
(increasing pension age, increasing contributions, cutting pensions) can be analyzed within the framework of an optimal job …
Persistent link: https://www.econbiz.de/10010305880
In this paper we investigate behavioral constraints to savings among smallholder farmers in rural Ethiopia. Increasing … savings by overcoming such behavioral constraints has been documented to have positive effects on various outcomes such as … health, education, and agricultural investments. We causally identify a strong increase in savings to a soft commitment …
Persistent link: https://www.econbiz.de/10012140942