IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Do mandatory pensions decrease household savings? Evidence for the Netherlands

Listed author(s):
  • Euwals, Rob

    (IZA Bonn)

Registered author(s):

    The Dutch mandatory pension system consists of two parts; a collective pay-as-you-go part which provides a minimum income to all Dutch inhabitants over age 64, and an occupation specific capital funded part which provides supplementary retirement income. Although the discretionary household savings in the Netherlands are high, the pension system might have a depressing effect. In this paper we test for the effect of mandatory pensions on discretionary household savings. The data are drawn from the CentER Panel, which consists of a representative and a highest-income-decile sample of the Dutch population. The panel contains rich information on household wealth, pension rights and savings attitudes. An empirical analysis gives that the impact of the collective part is not well identified. Better identified is the effect of the occupational pensions. They have a significant negative impact on savings motives with respect to old age. For the effect on household wealth, evidence is mixed; only for the highest-income-decile sample we find a significant negative impact of the occupational pensions.

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Paper provided by Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim in its series Sonderforschungsbereich 504 Publications with number 99-17.

    in new window

    Length: 31 pages
    Date of creation: 15 Mar 1999
    Handle: RePEc:xrs:sfbmaa:99-17
    Note: Financial Support from the Deutsche Forschungsgemeinschaft, SFB 504, at the University of Mannheim, is gratefully acknowledged.
    Contact details of provider: Postal:
    D-68131 Mannheim

    Phone: (49) (0) 621-292-2547
    Fax: (49) (0) 621-292-5594
    Web page:

    More information through EDIRC

    Web page:

    Order Information: Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:xrs:sfbmaa:99-17. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carsten Schmidt)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.