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Since 2002 the German government has promoted private retirement saving plans by means of special subsidies and tax incentives: the Riester scheme. This policy mainly targets low-income households. Using data from the German Socio-economic Panel, we scrutinize the impact of the Riester scheme on private savings. The introduction of the Riester scheme is treated as a natural experiment. Estimation results ...
In:
Schmollers Jahrbuch - SOEP after 25 Years. Proceedings of the 8th International Socio-Economic Panel User Conference
129 (2009), 2, 321-332
| Giacomo Corneo, Matthias Keese, Carsten Schröder
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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 ...
Bochum, Dortmund, Duisburg, Essen:
Ruhr-Universität Bochum, Department of Economics, Technische Universität Dortmund, Department of Economics and Social Sciences, Universität Duisburg-Essen, Department of Economics and Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI),
2010,
(Ruhr Economic Papers #170)
| Giacomo Corneo, Matthias Keese, Carsten Schröder
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We empirically investigate the distributional consequences of the Riester scheme, the main private pension subsidization program in Germany. We find that 38% of the aggregate subsidy accrues to the top two deciles of the population, but only 7.3% to the bottom two. Nonetheless the Riester scheme is almost distributionally neutral when looking at standard inequality measures. This is due to two offsetting ...
In:
FinanzArchiv
74 (2018), 4, 415-445
| Giacomo Corneo, Carsten Schröder, Johannes König
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Differdange:
CEPS/INSTEAD,
2008,
(IRISS Working Paper Series No. 2008-02)
| Lorenzo Corsini
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In:
Proceedings of the 1993 International Conference of German Socio-Economic Panel Study Users. Vierteljahrshefte zur Wirtschaftsforschung
63 (1994), 1/2, 10-18
| Kenneth A. Couch
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In:
Industrial and Labor Relations Review
54 (2001), 3, 559-572
| Kenneth A. Couch
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Data from the German Socio-Economic Panel are used to examine the roles of individual heterogeneity and job match quality in generating commonly observed wagetenure profiles. The evidence presented in the paper indicates that once those factors are reflected in the estimations, the returns to seniority are no longer measurable. Job match quality appears to be the dominant factor in the German labor ...
In:
Proceedings of the Fourth International Conference of German Socio-Economic Panel Study Users. Vierteljahrshefte zur Wirtschaftsforschung
70 (2001), 1, 39-43
| Kenneth A. Couch
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In:
Journal of Human Resources
32 (1996), 1, 210-232
| Kenneth A. Couch, Thomas A. Dunn
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In:
Miles Corak ,
Generational Income Mobility in North America and Europe
Cambridge: Cambridge University Press
190-206
| Kenneth A. Couch, Dean R. Lillard
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This paper examines the extent to which solo self-employment serves as a vehicle for job creation. Using panel data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey, a dynamic multinomial logit model of transitions between labour market states is estimated. The empirical strategy closely follows that used in a previous study employing household data from Germany by Lechmann ...
In:
Labour Economics
68 (2021), January 2021, 101942
| Michael Leith Cowling, Marc Wooden