Do savings increase in response to salient information about retirement and expected pensions?
Holger Stichnoth (),
Mathias Dolls (),
Philipp Dörrenberg and
Andreas Peichl ()
Authors registered in the RePEc Author Service: Philipp Doerrenberg
Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system to study this question. In 2004, pension authorities started to send out annual letters providing information about the pension system and expected pension payments. Using German tax return data, we exploit two discontinuities in the age cutoffs of receiving such a letter to study their effects on private retirement savings.
JEL-codes: H55 H24 J26 D14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-dem and nep-pbe
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Working Paper: Do Savings Increase in Response to Salient Information about Retirement and Expected Pensions? (2016)
Working Paper: Do savings increase in response to salient information about retirement and expected pensions? (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168099
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