Household Saving in Germany: Results from SAVE 2001-2003

Lothar Essig ()
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Lothar Essig: Munich Center for the Economics of Aging (MEA), Postal: Amalienstr. 33, D-80799 Munich

No 5083, MEA discussion paper series from Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy

Abstract: This paper presents selected highlights drawn from the German SAVE surveys in 2001 and 2003, expanding the findings of Börsch-Supan and Essig (2003) along three lines. First, it analyses the households' assessment of their general, economic and financial well-being in the past, present and future. Second, it reports findings for the respondents' information level on, and expectations about, the public pension system. Third, it presents answers to a newly developed set of questions about risk. Specifically, it tests the reliability of the experimental question design and links self-assessed risk to respondents' financial behavior.

JEL-codes: D12 (search for similar items in EconPapers)
Date: 2005-06-21
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Citations: View citations in EconPapers (3)

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