Angebotsinduzierung Und Mitnahmeeffekt Im Rahmen Der Riester-Rente: Eine Empirische Analyse

26 Pages Posted: 10 Jan 2011

See all articles by Christian Pfarr

Christian Pfarr

University of Bayreuth

Udo Schneider

Techniker Krankenkasse

Date Written: November 30, 2010

Abstract

In 2001, the voluntary additional Riester pension scheme was implemented in Germany. Financial subsidies should incentivize people to increase their private pension savings. In this paper, we hypothesize that these publicly subsidized savings mainly replace existing not subsidized savings 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 Riesterpension. We find greater participation of those who already have life insurance or other public subsidized savings. 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.

Note: Downloadable document is in German.

Keywords: Riester-Rente, Demografie, angebotsinduzierte Nachfrage, Mitnahmeeffekt

JEL Classification: D12, H31, I38

Suggested Citation

Pfarr, Christian and Schneider, Udo, Angebotsinduzierung Und Mitnahmeeffekt Im Rahmen Der Riester-Rente: Eine Empirische Analyse (November 30, 2010). SOEPpaper No. 341, Available at SSRN: https://ssrn.com/abstract=1736557 or http://dx.doi.org/10.2139/ssrn.1736557

Christian Pfarr (Contact Author)

University of Bayreuth ( email )

Universitatsstr 30
Bayreuth, D-95447
Germany

HOME PAGE: http://www.fiwi.uni-bayreuth.de

Udo Schneider

Techniker Krankenkasse ( email )

Bramfelder Str. 140
D-22305 Hamburg
Germany

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