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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/10012455996
. Using a school-based commitment savings program for educational expenses in Uganda, we compare an account fully-committed to … commitment generates higher account savings, and when combined with a parental outreach generates higher educational supplies …
Persistent link: https://www.econbiz.de/10012458800
We construct a database of public pension policy changes with motivation and implementation information for ten OECD countries. Structural pension reforms, motivated by long-run sustainability concerns, often come with prolonged phase-in periods. In response to pension retrenchments implemented...
Persistent link: https://www.econbiz.de/10013334383
This is the introduction and summary to the sixth phase of an ongoing project on Social Security Programs and Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the strong relationship across countries between social...
Persistent link: https://www.econbiz.de/10012458544
Recent fiscal policies, including the 2008 stimulus payments and the 2009 Making Work Pay tax credit, aimed to increase household spending. This paper quantifies the spending response to these policies and examines differences in spending by whether the stimulus was delivered as a one-time...
Persistent link: https://www.econbiz.de/10012462409
Can governments increase private savings by taxing savings up front instead of in retirement? Roth 401(k) contributions …
Persistent link: https://www.econbiz.de/10012457928
Unlike previous studies, we take explicit account of pensions earned on jobs not covered by Social Security, a key …
Persistent link: https://www.econbiz.de/10012458939
Several recent studies suggest that the response of national saving to fiscal policy may be non-linear. In this paper we use two data sets to search for the circumstances in which such non-linear responses may arise: a sample of OECD countries used in previous studies, and sample of developing...
Persistent link: https://www.econbiz.de/10012471316
savings. Households across the income distribution all cut spending from March to early April. Since mid April, spending has …
Persistent link: https://www.econbiz.de/10012481470
Following through on pledges made during his election campaign, President Bush proposed and Congress passed a substantial tax cut in 2001, the Economic Growth and Tax Relief Reconciliation Act (EGTRRA). Much has been written about the size of the tax cut, its impact on the federal budget, its...
Persistent link: https://www.econbiz.de/10012469701