The Riester Scheme and Private Savings: An Empirical Analysis based on the German SOEP
JOURNAL ARTICLE
Cite JOURNAL ARTICLE
Style
Format
The Riester Scheme and Private Savings: An Empirical Analysis based on the German SOEP
Corneo, Giacomo | Keese, Matthias | Schröder, Carsten
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 129 (2009), Iss. 2 : pp. 321–332
41 Citations (CrossRef)
Additional Information
Article Details
Author Details
Giacomo Corneo, Free University of Berlin, Department of Economics, Boltzmannstraße 20, 14195 Berlin, Germany.
Matthias Keese, Ruhr Graduate School in Economics, c/o University of Duisburg-Essen, Department of Economics – Chair of Public Finance, 45117 Essen, Germany.
Carsten Schröder, Christian-Albrechts-University of Kiel, Department of Economics, Social Policy and Health Economics, Wilhelm-Seelig-Platz 1, 24118 Kiel, Germany.
Cited By
-
Die Förderung der individuellen Altersvorsorge und kollektiven Altersversorgung durch Steuervorteile
Kiesewetter, Dirk | Menzel, Moritz | Tschinkl, Dominik | Weikert, NathaliePerspektiven der Wirtschaftspolitik, Vol. 20 (2020), Iss. 4 P.304
https://doi.org/10.1515/pwp-2019-0045 [Citations: 0] -
Social Security and Public Insurance
BBrsch-Supan, Axel H. | HHrtl, KlausSSRN Electronic Journal, Vol. (2016), Iss.
https://doi.org/10.2139/ssrn.2848218 [Citations: 0] -
Altern im sozialen Wandel: Die Rückkehr der Altersarmut?
Die Stärkung von Marktprinzipien in Rentensystemen: Neue Altersarmut in Deutschland und den Niederlanden?
Frericks, Patricia
2013
https://doi.org/10.1007/978-3-531-18714-3_11 [Citations: 1] -
Optimal Social Insurance and Health Inequality
Grossmann, Volker | Strulik, HolgerSSRN Electronic Journal , Vol. (2017), Iss.
https://doi.org/10.2139/ssrn.2912541 [Citations: 2] -
A Collection of Reviews on Savings and Wealth Accumulation
Savings in Times of Demographic Change: Lessons from the German Experience
Börsch‒Supan, Axel | Bucher‒Koenen, Tabea | Coppola, Michela | Lamla, Bettina2016
https://doi.org/10.1002/9781119158424.ch9 [Citations: 0] -
Financial Literacy, Riester Pensions, and Other Private Old Age Provision in Germany
Bucher-Koenen, Tabea
SSRN Electronic Journal, Vol. (2011), Iss.
https://doi.org/10.2139/ssrn.2014170 [Citations: 14] -
Demand Inducement, Crowding in and the German Riester Pension Scheme: An Empirical Analysis (in German)
Pfarr, Christian | Schneider, UdoSSRN Electronic Journal, Vol. (2010), Iss.
https://doi.org/10.2139/ssrn.1737660 [Citations: 0] -
Rates of Return and Early Retirement Disincentives: Evidence from a German Pension Reform
LLthen, Holger
SSRN Electronic Journal, Vol. (2014), Iss.
https://doi.org/10.2139/ssrn.2456128 [Citations: 1] -
Household Wealth: Low-Yielding and Poorly Structured?
Radke, Marc Peter | Rupprecht, ManuelJournal of Risk and Financial Management, Vol. 14 (2021), Iss. 3 P.99
https://doi.org/10.3390/jrfm14030099 [Citations: 0] -
Housing Expenditures and Income Inequality
Dustmann, Christian | Fitzenberger, Bernd | Zimmermann, MarkusSSRN Electronic Journal , Vol. (2018), Iss.
https://doi.org/10.2139/ssrn.3289094 [Citations: 9] -
Who is saving privately for retirement and how much? New evidence for Germany
Metzger, Christoph
International Review of Applied Economics, Vol. 31 (2017), Iss. 6 P.811
https://doi.org/10.1080/02692171.2017.1338676 [Citations: 4] -
Choosing Between Subsidized or Unsubsidized Private Pension Schemes: A Random Parameters Bivariate Probit Analysis
Pfarr, Christian | Schneider, UdoSSRN Electronic Journal, Vol. (2011), Iss.
https://doi.org/10.2139/ssrn.1780277 [Citations: 0] -
Riester-Rente und Niedrigeinkommen – Was sagen die Daten
Geyer, Johannes
Vierteljahrshefte zur Wirtschaftsforschung, Vol. 81 (2012), Iss. 2 P.165
https://doi.org/10.3790/vjh.81.2.165 [Citations: 7] -
Anreizeffekte und Angebotsinduzierung im Rahmen der Riester-Rente: Eine empirische Analyse geschlechts- und sozialisationsbedingter Unterschiede
Pfarr, Christian | Schneider, UdoPerspektiven der Wirtschaftspolitik, Vol. 12 (2011), Iss. 1 P.27
https://doi.org/10.1111/j.1468-2516.2010.00349.x [Citations: 24] -
Altern im sozialen Wandel: Die Rückkehr der Altersarmut?
Entwicklung und Zusammensetzung von Alterseinkünften in Deutschland
Frommert, Dina | Himmelreicher, Ralf K.2013
https://doi.org/10.1007/978-3-531-18714-3_7 [Citations: 2] -
A Head‐to‐Head Comparison of Augmented Wealth in Germany and the United States*
Bönke, Timm | Grabka, Markus M. | Schröder, Carsten | Wolff, Edward N.The Scandinavian Journal of Economics, Vol. 122 (2020), Iss. 3 P.1140
https://doi.org/10.1111/sjoe.12364 [Citations: 21] -
The Joint Distribution of Net Worth and Pension Wealth in Germany
Boenke, Timm | Grabka, MarkusSSRN Electronic Journal, Vol. (2016), Iss.
https://doi.org/10.2139/ssrn.2806928 [Citations: 2] -
The effectiveness of tax incentives to encourage private savings
Fadejeva, Ludmila | Tkacevs, OlegsBaltic Journal of Economics, Vol. 22 (2022), Iss. 2 P.110
https://doi.org/10.1080/1406099X.2022.2109555 [Citations: 3] -
Orientierungsprozesse im Vertrauensdilemma. Beziehungskonstruktionen in Beratungen zur privaten Altersvorsorge
Bode, Ingo | Wilke, FelixKZfSS Kölner Zeitschrift für Soziologie und Sozialpsychologie, Vol. 66 (2014), Iss. 3 P.371
https://doi.org/10.1007/s11577-014-0278-1 [Citations: 3] -
Can fiscal incentives to saving alleviate looming old-age poverty?
Tyrowicz, Joanna | Makarski, Krzysztof | Rutkowski, ArturJournal of Pension Economics and Finance, Vol. 23 (2024), Iss. 3 P.365
https://doi.org/10.1017/S1474747223000185 [Citations: 0] -
The Distribution of Household Savings in Germany
Späth, Jochen | Schmid, Kai DanielJahrbücher für Nationalökonomie und Statistik, Vol. 238 (2018), Iss. 1 P.3
https://doi.org/10.1515/jbnst-2017-0120 [Citations: 1] -
Eingeschränkte Vergleichbarkeit der Daten der Europäischen Arbeitskräfteerhebung am Beispiel der Beschäftigungsquote Älterer
Famira-Mühlberger, Ulrike | Huemer, Ulrike | Mayrhuber, ChristineZeitschrift für Sozialreform, Vol. 61 (2016), Iss. 4 P.353
https://doi.org/10.1515/zsr-2015-0402 [Citations: 0] -
Sparen, wenn das Geld gerade so zum Leben reicht: Das Risiko des Abbruchs privater Altersvorsorge unter den Rahmenbedingungen von Riester-Förderung und Sozialgesetzbuch II
Wübbeke, Christina
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 134 (2014), Iss. 3 P.341
https://doi.org/10.3790/schm.134.3.341 [Citations: 0] -
Savings in Times of Demographic Change: Lessons from the German Experience
Borsch-Supan, Axel H. | Bucher-Koenen, Tabea | Coppola, Michela | Lamla, BettinaSSRN Electronic Journal, Vol. (2014), Iss.
https://doi.org/10.2139/ssrn.2539019 [Citations: 1] -
SAVINGS IN TIMES OF DEMOGRAPHIC CHANGE: LESSONS FROM THE GERMAN EXPERIENCE
Börsch‐Supan, Axel | Bucher‐Koenen, Tabea | Coppola, Michela | Lamla, BettinaJournal of Economic Surveys, Vol. 29 (2015), Iss. 4 P.807
https://doi.org/10.1111/joes.12116 [Citations: 27] -
Demand Inducement, Crowding In and the German Riester Pension Scheme: An Empirical Analysis (in German)
Pfarr, Christian | Schneider, UdoSSRN Electronic Journal, Vol. (2009), Iss.
https://doi.org/10.2139/ssrn.1488021 [Citations: 1] -
Die Riester-Rente – Überblick zum Stand der Forschung und sozialpolitische Bewertung nach zehn Jahren
Blank, Florian
Sozialer Fortschritt, Vol. 60 (2011), Iss. 6 P.109
https://doi.org/10.3790/sfo.60.6.109 [Citations: 19] -
Wo wirtschaftspolitische Unterstützung sinnvoll ist
Rupprecht, Manuel | Annuß, ChristineBankmagazin, Vol. 66 (2017), Iss. 5 P.26
https://doi.org/10.1007/s35127-017-0039-3 [Citations: 0] -
Strengthening Market Principles in Welfare Institutions: How Hybrid Pension Systems Impact on Social-risk Spreading
FRERICKS, PATRICIA
Journal of Social Policy, Vol. 42 (2013), Iss. 4 P.665
https://doi.org/10.1017/S0047279413000500 [Citations: 18] -
Riester-Verträge: Zur Bedeutung von Kosten und Garantien aus Anlegersicht
Klos, Alexander
Zeitschrift für Betriebswirtschaft, Vol. 81 (2011), Iss. 2 P.155
https://doi.org/10.1007/s11573-010-0430-y [Citations: 2] -
Housing Expenditure and Income Inequality
Dustmann, Christian | Fitzenberger, Bernd | Zimmermann, MarkusThe Economic Journal, Vol. 132 (2022), Iss. 645 P.1709
https://doi.org/10.1093/ej/ueab097 [Citations: 24] -
Who is Saving Privately for Retirement and How Much? - New Evidence for Germany
Metzger, Christoph
SSRN Electronic Journal, Vol. (2015), Iss.
https://doi.org/10.2139/ssrn.2774255 [Citations: 1] -
The Joint Distribution of Net Worth and Pension Wealth in Germany
Bönke, Timm | Grabka, Markus M. | Schröder, Carsten | Wolff, Edward N. | Zyska, LennardReview of Income and Wealth, Vol. 65 (2019), Iss. 4 P.834
https://doi.org/10.1111/roiw.12371 [Citations: 23] -
Steuerpolitik nach der Krise: Welche Maßnahmen sind für die Unternehmensbesteuerung in Deutschland zu ergreifen?
Spengel, Christoph | Zinn, BenediktPerspektiven der Wirtschaftspolitik, Vol. 13 (2012), Iss. 1-2 P.19
https://doi.org/10.1111/j.1468-2516.2012.00372.x [Citations: 1] -
Family background and the decision to provide for old age: a siblings approach
Lamla, Bettina
Empirica, Vol. 40 (2013), Iss. 3 P.483
https://doi.org/10.1007/s10663-013-9212-4 [Citations: 2] -
Bewertung der Riester-Rente: Volkswirtschaftliche Kriterien und Anforderungen an die Daten*
Freie, Giacomo Corneo | Schröder, CarstenZeitschrift für Sozialreform, Vol. 58 (2016), Iss. 2 P.235
https://doi.org/10.1515/zsr-2012-0207 [Citations: 4] -
Subsidized Private Pension Savings and the Deferred Taxation of Retirement Income: Is the German Riester Scheme Self-Financing?
Bollacke, Steffen
SSRN Electronic Journal , Vol. (2017), Iss.
https://doi.org/10.2139/ssrn.2744672 [Citations: 0] -
Choosing between subsidized or unsubsidized private pension schemes: evidence from German panel data
PFARR, CHRISTIAN | SCHNEIDER, UDOJournal of Pension Economics and Finance, Vol. 12 (2013), Iss. 1 P.62
https://doi.org/10.1017/S1474747212000170 [Citations: 17] -
Effects of Tax-Based Saving Incentives on Contribution Behavior: Lessons from the Introduction of the Riester Scheme in Germany
Kuper, Swen | Schmidt, Thomas-PatrickModern Economy, Vol. 07 (2016), Iss. 11 P.1198
https://doi.org/10.4236/me.2016.711117 [Citations: 1] -
Social Security and Public Insurance
Börsch-Supan, A. | Härtl, K. | Leite, D.N.2016
https://doi.org/10.1016/bs.hespa.2016.09.002 [Citations: 8] -
Riester-Rente: (k)ein Kinderspiel!
Pfarr, Christian | Schneider, UdoVierteljahrshefte zur Wirtschaftsforschung, Vol. 81 (2012), Iss. 2 P.181
https://doi.org/10.3790/vjh.81.2.181 [Citations: 3]
Abstract
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 cast some doubts on the effectiveness of the Riester scheme and call for enhanced efforts to evaluate that policy.