Cigno, Alessandro; Casolaro, Luca; Rosati, Furio Camillo - 2000
Estimating saving and fertility simultaneously by VAR method, we find that social security cover has a positive effect … tested, social security is thus good for growth. A possible explanation for this unconventional finding is that compulsory …, the negative effect of social security on fertility tends to erode the system's own contributory base, because it reduces …