Anreizeffekte und Angebotsinduzierung im Rahmen der Riester-Rente : Eine empirische Analyse geschlechts- und sozialisationsbedingter Unterschiede

Title data

Pfarr, Christian ; Schneider, Udo:
Anreizeffekte und Angebotsinduzierung im Rahmen der Riester-Rente : Eine empirische Analyse geschlechts- und sozialisationsbedingter Unterschiede.
In: Perspektiven der Wirtschaftspolitik. Vol. 12 (2011) Issue 1 . - pp. 27-46.
ISSN 1468-2516
DOI: https://doi.org/10.1111/j.1468-2516.2010.00349.x

Official URL:

Abstract in another language

In 2001, the voluntary Riester pension scheme was implemented in Germany. Financial subsidies should provide incentives to increase private pension savings. In this paper, we hypothesize that these publicly subsidized savings are mainly driven by the incentives of child benefits and that supplier induced demand is an important factor. Using data from the Socio-economic Panel we analyze the key determinants in the choice of a Riester-pension. We find a higher probability to sign a Riester contract for those with higher income, higher education and children. Furthermore, we show that a contact with an insurance agent in the previous year is a major factor for the possession of a Riester-pension. Separate estimations regarding gender and socialization confirm our hypothesis of heterogeneous determinants.

Further data

Item Type:	Article in a journal
Refereed:	Yes
Keywords:	Riester-Rente; Empirische Analyse der Riester-Rente; Panel-Daten
Institutions of the University:	Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics III - Finance Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Economics
Result of work at the UBT:	Yes
DDC Subjects:	300 Social sciences > 330 Economics 300 Social sciences > 360 Social problems, social services
Date Deposited:	16 Mar 2015 09:52
Last Modified:	16 Mar 2015 09:52
URI:	https://eref.uni-bayreuth.de/id/eprint/8240