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In the present paper the effects of different pay-as-you-go pension systems on fertility decisions of a representative household are examined. Thereby, the analysis focuses especially on the interplay of parental quantity and quality decisions, introduced by Becker (1960). As it will be shown, a...
Persistent link: https://www.econbiz.de/10003020921
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement choices necessarily coincide with socially optimal...
Persistent link: https://www.econbiz.de/10012405524
This paper discusses alternative ways to deal with the positive externalities of having children in a pay-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an endogenous labor supply setting, both instruments are...
Persistent link: https://www.econbiz.de/10013319368
Persistent link: https://www.econbiz.de/10013269939
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement choices necessarily coincide with socially optimal...
Persistent link: https://www.econbiz.de/10013251539
Persistent link: https://www.econbiz.de/10004948326
Demografischer Wandel, Risikoeinschätzung, Pflegeversicherung, Rentenversicherung, Alterssicherung. - Demographic …
Persistent link: https://www.econbiz.de/10010477459
Worldwide, single mothers are profoundly time and income constrained, making them heavily reliant on government transfers. We examine how welfare reforms that introduced mutual obligations affected the economic position of single mothers and the development of their children over the past two...
Persistent link: https://www.econbiz.de/10012648165
-age women's labour supply decisions in India, where female labour force participation continues to decline over time. We find … for women aged 20-50, with the effect stronger for urban women. The effect is particularly strong if the pension …, leading to reduced labour supply by the elderly, allowing them to provide greater childcare support. The increase in women …
Persistent link: https://www.econbiz.de/10012240357