© 2018

Old-Age Provision and Homeownership – Fiscal Incentives and Other Public Policy Options

  • Martina Eckardt
  • Jörg Dötsch
  • Stefan Okruch

Table of contents

  1. Front Matter
    Pages i-x
  2. Old-Age Security and Homeownership in the EU: An Overview

  3. Well-Developed Markets for Private Pensions and Homeownership

    1. Front Matter
      Pages 49-49
    2. Marietta E. A. Haffner
      Pages 83-106
    3. Tripti Sharma, Donal McKillop, Declan French
      Pages 107-142
  4. Countries with a High Degree of Homeownership, but a Rather Low Degree of Private Pensions

    1. Front Matter
      Pages 143-143
    2. Jörg Dötsch, Martina Eckardt, Eszter Megyeri
      Pages 179-205
  5. Countries with a Low Degree of Homeownership and a Low Degree of Private Pensions

    1. Front Matter
      Pages 207-207
    2. Sebastien Clerc-Renaud, Dirk Ulbricht, Doris Neuberger
      Pages 209-251

About this book


In light of demographic change and the growing problems of traditional old-age security systems, this book discusses two essential instruments in connection with privately providing for old-age security: (1) savings in private pension schemes and (2) building up equity for home-ownership. Further, it assesses the relationship between the two instruments and offers a unique overview of the latest market developments.

In order to represent the profound differences between the individual member states of the EU, this book features six country-specific studies – covering Germany, Hungary, Ireland, Italy, the Netherlands and the United Kingdom – that provide detailed insights into the complexity of local private pension schemes, mortgage markets, and housing markets. Lastly, the book discusses public policies and fiscal incentives intended to better integrate residential property with private pensions. It will appeal to both, private households seeking to build up old-age security, as well as policy makers interested in providing secure pension schemes. 


Old-Age Security Old-Age Provision Equity Release Mortgage Market Residential Property Housing Market Private Pensions Fiscal Incentives Home Ownership Life Annuity Pension System Equity Release Schemes ERS

Editors and affiliations

  • Martina Eckardt
    • 1
  • Jörg Dötsch
    • 2
  • Stefan Okruch
    • 3
  1. 1.Andrássy University BudapestBudapestHungary
  2. 2.Andrássy University BudapestBudapestHungary
  3. 3.Andrássy University BudapestBudapestHungary

About the editors

Martina Eckardt is Professor of Public Finance and Public Policy at Andrássy University Budapest (AUB). Along with her affiliation to AUB, she is member of faculty at the University of Bamberg, Germany. Prof. Eckardt holds a Ph. D. of the University of Jena and the venia legendi in economics of the University of Rostock; she was Teaching and Research Assistant at the University of Bamberg, Assistant Professor at the Unviersity of Rostock and Associate Professor at the University Witten-Herdecke, Germany. Her main fields of research are comparative Law and Economics, evolutionary and institutional economics and industrial economics. Related to the topic “Old-Age Provision and Homeownership”, she has published i.e. on insurance economics, pension policy and the pensions OMC.

Jörg Dötsch is Associate Professor at Andrássy University Budapest (AUB) and the University’s representative for company contacts. He received his Ph. D. in economics from the University of Bayreuth (2012). He obtained a researcher excellence grant from the Hungarian Office of Public Administration and Justice (2013). Jörg Dötsch specializes in evolutionary economics with a focus on old-age security and knowledge economy.

Stefan Okruch is Professor of Economic Policy at Andrássy University Budapest (AUB), where he also gathered rich experience in international Academic Management. Along with his affiliation to AUB, he is member of faculty at the University of Bamberg, Germany, and visiting professor at the University of Bayreuth, Semmelweis University Budapest, and Hamburg School of Business Administration. He holds a Ph.D.  and the venia legendi in economics of the University of Bayreuth; he was senior research fellow at the interdisciplinary Max Planck Institute on Common Goods in Bonn, Germany. His main fields of research are evolutionary and institutional economics with a strong interdisciplinary bias (especially Law & Economics, Economics and Policy Learning). Related to the topic “Old-Age Provision and Homeownership”, he has published i.e. on Social Security reform, and on policy learning and the pensions OMC.

Bibliographic information