Label

Mean

s.d.

p5

p25

p50

p75

p95

Riester-dummy (C)

0.1546

0.3615

0

0

0

0

1

Tax price (TP)

0.5144

0.1882

0.1333

0.4461

0.5647

0.6516

0.7306

ln(TP)

−0.7722

0.5426

−2.0149

−0.8048

−0.5715

−0.4279

−0.3133

TP-instrument

0.5134

0.1872

0.1333

0.4461

0.5654

0.6503

0.7251

ln(TP-instrument)

−0.7758

0.5460

−2.0149

−0.8071

−0.5703

−0.4299

−0.3209

Income

72,372

272,938

14,380

30,400

47,879

88,431

185,548

ln(income)

10.7828

1.1419

9.5736

10.3222

10.7764

11.3900

12.1311

Income-instrument

67,102

101,221

15,158

30,733

47,978

82,663

160,939

ln(income-instrument)

10.7680

1.3015

9.6263

10.3331

10.7785

11.3225

11.9888

Dummy: children = 1

0.2385

0.4262

0

0

0

0

1

Dummy: children = 2

0.2987

0.4577

0

0

0

1

1

Dummy: children > 2

0.1047

0.3061

0

0

0

0

1

Age2

2,165

677

1,089

1,600

2,116

2,704

3,249

ln(renting and leasing)

3.0640

4.1479

0

0

0

8

10

ln(dividends and interests)

1.8569

3.5271

0

0

0

0

12,293

Observations

289,247