Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/30318
Authors: 
Corneo, Giacomo
Keese, Matthias
Schröder, Carsten
Year of Publication: 
2010
Series/Report no.: 
School of Business & Economics Discussion Paper 2010/3
Abstract: 
Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax exemptions - the so-called Riester scheme. We apply matching and panel regression techniques to assess the impact of the Riester scheme on households' propensities to save in a natural experiment framework. Estimation results from both the German Socio-Economic Panel and the SAVE study indicate that private saving was hardly affected by the introduction of the Riester scheme.
Subjects: 
Household saving
Saving incentives
Retirement
Riester scheme
Coarsened exact matching
JEL: 
D12
D14
H24
H31
I38
ISBN: 
978-3-941240-15-5
Document Type: 
Working Paper

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