Save (study)

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SAVE ( S paren and A lter v orsorg e in Germany) is a representative collection of data on the saving behavior of households in Germany. The survey was carried out a total of ten times between 2001 and 2013.

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S paren and A lter v orsorg e in Germany

management Axel Börsch-Supan
First survey year 2001
Implementing institution Munich Center for the Economics of Aging (MEA),
Max Planck Institute for Social Law and Social Policy
address Amalienstrasse 33
80799 Munich
Website www.mea.mpisoc.mpg.de/?id=315

About the study

In order to better research the saving behavior of German households, the Munich (formerly: Mannheim) Center for the Economics of Aging (MEA) has been conducting the SAVE survey together with TNS Infratest Sozialforschung since 2001. The survey was funded by the German Research Foundation (DFG) until 2010 . The survey focuses on saving behavior, old-age provision and wealth accumulation in Germany. The SAVE study enables research into economic, sociological and psychological relationships. Therefore, questions are asked about income, assets, old-age provision and also about sociodemographic and psychological characteristics. These include B. the expectations, attitudes and risk attitudes of the respondents. SAVE has been carried out annually since 2005. Since the same households are surveyed every year ( panel ), changes in the savings and investment behavior of households can be recorded over time. The ninth survey for 2011 was carried out in cooperation with the Institute for Employment Research (IAB), the research institute of the Federal Employment Agency . This cooperation makes it possible to combine employment times and information on contributions to social security with responses to the SAVE survey.

Sample size

After the first survey in 2001, the sample was expanded in 2003, 2005 and 2006 by adding new households to the sample. Since 2006 the panel has achieved a high level of stability. In 2007, 84% of the households from 2006 could be surveyed again. In 2008 it was even 89% and in 2009 85%, from 2010 to 2011 81% could be questioned again. In 2010, 55% of the refreshment sample added in 2005 were still in the data set. Over the years the following overview of the sample size results :

year 2001 2003/04 2005 2006 2007 2008 2009 2010 2011
Number of households 1829 3154 2305 3474 2931 2608 2222 2037 1660

Range of topics

Many topics can be explored with SAVE. In detail, the participants are asked about the following topics:

  • Satisfaction with current life situation
  • Sociodemographic information
  • Social environment (2005-2008)
  • Health (from 2005)
  • Qualitative and quantitative questions about saving behavior
  • Financial Knowledge (2007/2008, large section in 2009)
  • Consumer behavior (2003/2004)
  • Qualitative and quantitative questions about regular and exceptional income
  • Retirement provision, retirement, entitlements (all years, partially changed composition)
  • Financial assets, pension assets, residential and real estate assets, business assets and other assets
  • Three pillars of old-age provision (statutory, company, private) with large modules for the Riester pension in 2008/2010
  • Loans and Mortgages
  • Expectations, self-assessment, psychological and sociological determinants of saving behavior, preference characteristics
  • Financial crisis (2009/2010)
  • Interview situation

Use of the SAVE data

The GESIS - Leibniz Institute for Social Sciences makes the SAVE data available to all interested scientists for non-commercial purposes. The complete anonymity of the respondents is preserved.

Information on applying for the SAVE data can be found on the SAVE homepage. The questionnaires for the individual years are also available for download there. A data record called “miniSAVE” for the years 2005–2010 can also be ordered directly from MEA by email or fax. Due to the pre-aggregated data, this is particularly suitable for teaching and is used to familiarize yourself with the comprehensive data set.

literature

The results achieved with SAVE are published in magazines and specialist books as well as publications aimed at the general public. A list of all the publications developed with SAVE is available on the SAVE homepage.

Here is a selection of the publications:

  • A. Börsch-Supan, L. Essig: Household Saving in Germany: Results of the first SAVE Study. In: David Wise, (Ed.): Analyzes in the Economic of Aging. University of Chicago Press, Chicago 2003. ( Article )
  • A. Börsch-Supan, A. Reil-Held, D. Schunk: The saving behavior of German households: First experiences with the Riester pension. Expert opinion for the Federal Ministry of Education and Research. 2007. ( Article ; PDF; 474 kB)
  • Axel Börsch-Supan, Anette Reil-Held, Daniel Schunk: Saving incentives, old-age provision and displacement effects: Evidence from the recent German pension reform. In: Journal of Pension Economics and Finance. 7 (3), 2008, pp. 295-319. ( Article )
  • M. Coppola: The saving behavior of German households. (= MEA Policy Brief. No. 5). 2008. ( Article ; PDF; 96 kB)
  • B. Scheubel, Joachim Winter: Retirement at 67: How long Germans can and want to work. In: ifo Schnelldienst . (1) 2008, pp. 26-32. ( Article ; PDF; 190 kB)
  • Michael Ziegelmeyer: The retirement provision behavior of the self-employed - an analysis based on the SAVE data. In: Schmoller's yearbook. 130 (2), 2010, pp. 195-239. ( Preliminary version ; PDF; 441 kB)
  • Michael Ziegelmeyer: Illuminate the unknown: Evaluation of imputation procedures based on the SAVE Survey. In: Advances in Statistical Analysis. 2012. doi: 10.1007 / s10182-012-0197-2
  • Claudia Busl, Zwetelina Iliewa, Sabine Jokisch, Marcus Kappler, Thomas Roscher, Felix Schindler, Frauke Schleer: Saving and Investing Against the Background of Demographic Change. Expert opinion for the Federal Ministry of Finance. Berlin 2012.

The following studies offer a deeper insight into the topics covered by SAVE, the structure of the questionnaire, the interview mode, item nonresponse and the representativeness of the sample:

  • A. Börsch-Supan, M. Coppola, L. Essig, A. Eymann, D. Schunk: The German SAVE study. Design and Results. (= MEA Study. No. 6). MEA Mannheim 2008. ( Article ; PDF; 3.2 MB)
  • Michela Coppola, Bettina Lamla: Saving and Old-Age Provision in Germany (SAVE): Design and Enhancements. In: Schmoller's yearbook. 2013, pp. 109–116.

An easily understandable overview of the results of the individual waves is given in the SAVE brochures available on the homepage.

Web links

Individual evidence

  1. ↑ a b SAVE study (PDF; 3.2 MB)