Publication type
Journal Article
Author
Publication date
June 1, 2009
Abstract:
This paper analyses the effects of social security reforms on saving in Britain.We use the British Household Panel Survey to investigate the interactions between voluntary additional contributions to personal pension plans (PPP) and saving in conventional forms. In particular, we test whether contributions to the PPPcrowd out saving or constitute additional saving. Results suggest that not only have private pension schemes not crowded out private saving, but actually they have increased it too.
Published in
Oxford Bulletin of Economics and Statistics
Volume
Volume: 71 (2):253-271
DOI
http://dx.doi.org/10.1111/j.1468-0084.2008.00525.x
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