Wages and their effect on labour supply are not only an important subject for labour economists who aim at measuring substitution and income effects. Additionally, the government is interested in the impact of policy changes on the labour market and companies would like to know if it is possible...

While private pensions have long been an integral part of old age insurance in America, it is now also in Germany on the rise. To increase the attractiveness and acceptance of private pension provision in the population, saving incentives have been used. In Germany, a Riester saver expects a...