Add to ORKGGermany has one of the most generous public pension and health insurance systems of the world, yet private savings are high until old age. Savings remain positive in old age, even for most low income households. How can we explain what we might want to term the 'German savings puzzle?' We provide a complicated answer that combines historical facts with capital market imperfections, housing, tax and pension policies. The first part of the paper describes how German households save, based on a synthetic panel of four cross sections of the German Income and Expenditure Survey ('Einkommens- und Verbrauchsstichproben') collected between 1978 and 1993. The second part links saving behavior with public policy, notably tax and pension policy
This special issue of Research in Economics is devoted to a further step in this direction. It prese...
The first chapter investigates life-cycle saving behavior with a focus on the elderly, who are frequ...
Based on German panel data between 1984 and 1999 we test for the interaction of social security bene...
Germany has one of the most generous public pension and health insurance systems of the world, yet p...
This paper describes how German households save and how their saving behavior is linked to public po...
This paper describes how German households save, and how their saving behavior is linked to public p...
In response to population aging, pay-as-you-go pensions are being reduced in almost all developed co...
The process of demographic change and the fact that the benefits of a growing proportion of pensione...
'Household saving is still little understood, and even the basic facts for instance: How does saving...
This paper presents selected highlights drawn from the German SAVE surveys in 2001 and 2003, expandi...
As the public pay-as-you-go pension systems of the aging industrialized countries are likely to beco...
Many motives for saving a portion of one’s income co-exist and their relative importance changes ove...
This paper presents selected highlights drawn from the German SAVE surveys in 2001 and 2003, expandi...
How can retirement savings be increased? We explore a unique policy change in the context of the Ger...
Imperial chancellor Bismarck’s system of social insurance (with its three pillars health, accident ...
This special issue of Research in Economics is devoted to a further step in this direction. It prese...
The first chapter investigates life-cycle saving behavior with a focus on the elderly, who are frequ...
Based on German panel data between 1984 and 1999 we test for the interaction of social security bene...
Germany has one of the most generous public pension and health insurance systems of the world, yet p...
This paper describes how German households save and how their saving behavior is linked to public po...
This paper describes how German households save, and how their saving behavior is linked to public p...
In response to population aging, pay-as-you-go pensions are being reduced in almost all developed co...
The process of demographic change and the fact that the benefits of a growing proportion of pensione...
'Household saving is still little understood, and even the basic facts for instance: How does saving...
This paper presents selected highlights drawn from the German SAVE surveys in 2001 and 2003, expandi...
As the public pay-as-you-go pension systems of the aging industrialized countries are likely to beco...
Many motives for saving a portion of one’s income co-exist and their relative importance changes ove...
This paper presents selected highlights drawn from the German SAVE surveys in 2001 and 2003, expandi...
How can retirement savings be increased? We explore a unique policy change in the context of the Ger...
Imperial chancellor Bismarck’s system of social insurance (with its three pillars health, accident ...
This special issue of Research in Economics is devoted to a further step in this direction. It prese...
The first chapter investigates life-cycle saving behavior with a focus on the elderly, who are frequ...
Based on German panel data between 1984 and 1999 we test for the interaction of social security bene...