The Resource Selected Aspects of Household Savings in Germany : Evidence from Micro-Data, Christina Kolerus, Isabell Koske and Felix Hüfner, (electronic resource)

Selected Aspects of Household Savings in Germany : Evidence from Micro-Data, Christina Kolerus, Isabell Koske and Felix Hüfner, (electronic resource)

Label
Selected Aspects of Household Savings in Germany : Evidence from Micro-Data
Title
Selected Aspects of Household Savings in Germany
Title remainder
Evidence from Micro-Data
Statement of responsibility
Christina Kolerus, Isabell Koske and Felix Hüfner
Creator
Contributor
Subject
Language
eng
Summary
This paper uses household level data from the German Socio-Economic Panel (GSOEP) over the period 1991 to 2008 to analyse the driving factors of movements in the German household savings rate. Specifically, it analyses the impact of the precautionary savings motive and the impact of the 2002 private pension reform (the so-called Riester reform) on households' savings rate as these factors are among the most discussed in the German context. There is evidence for both factors at work: First, households with a more volatile income stream tend to save more and the extent to which they do depends on their (subjectively assessed) risk aversion. Second, the introduction of the Riester pension scheme in 2002 was associated with a general increase in the household savings rate, both for households that signed up for private pension contracts and for those that did not. This effect is not found for low-income households, thus confirming the findings of other studies
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Kolerus, Christina
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Koske, Isabell
  • Hüfner, Felix
Series statement
OECD Economics Department Working Papers,
Series volume
no.999
http://library.link/vocab/subjectName
  • Economics
  • Germany
  • Economics
  • Germany
Label
Selected Aspects of Household Savings in Germany : Evidence from Micro-Data, Christina Kolerus, Isabell Koske and Felix Hüfner, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
826025954
Dimensions
21 x 30 cm
Extent
1 electronic resource 26 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k8zpt6w2k7h-en
Specific material designation
remote
System control number
(OCoLC)826025954
Label
Selected Aspects of Household Savings in Germany : Evidence from Micro-Data, Christina Kolerus, Isabell Koske and Felix Hüfner, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
826025954
Dimensions
21 x 30 cm
Extent
1 electronic resource 26 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k8zpt6w2k7h-en
Specific material designation
remote
System control number
(OCoLC)826025954

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