Showing 1 - 10 of 15,918
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … which a public pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension … system on fertility works via the impact of contributions in such a system on disposable income as well as via the impact on …
Persistent link: https://www.econbiz.de/10009792218
The effects of pension policies on fertility have been examined in the overlapping generations (OLG) model of unitary … examines how the pension policy affects the endogenous fertility of a bargaining couple who have different lifespans. The … analysis finds out a new channel of pension policy on fertility decisions: an increase in pension size affects fertility not …
Persistent link: https://www.econbiz.de/10010408840
Rising public pension generosity has frequently been cited as one reason for the (persistently) declining fertility … rates in many advanced economies. Despite the theoretical appeal, empirical evidence on the pension-fertility nexus is … limited. To fill this gap, I study country-level fertility trends before and after 23 pension reforms using a long-run panel …
Persistent link: https://www.econbiz.de/10011608047
This study identifies the causal effect of pension generosity on women's fertility behavior. It capitalizes on Brazil … age by 10% in the short-run. Completed fertility declines by 1.3 children within 20 years after the reform, reducing the … contribution base of the Pay-As-You-Go pension system in the long-run. The fertility response is strongest at higher birth parities …
Persistent link: https://www.econbiz.de/10012193368
This study identifies the causal effect of pension generosity on women’s fertility behavior. It capitalizes on Brazil … age by 10% in the short-run. Completed fertility declines by 1.3 children within 20 years after the reform, reducing the … contribution base of the Pay-As-You-Go pension system in the long-run. The fertility response is strongest at higher birth parities …
Persistent link: https://www.econbiz.de/10012194379
Persistent link: https://www.econbiz.de/10003329081
A model is presented that explains the mix between funded and unfunded pension systems. It turns out that total pension and the relative shares of the two systems may be explained and are determined by the population growth rate, technological growth, the time-preference discount rate, the...
Persistent link: https://www.econbiz.de/10011326408
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension system on … fertility works via the impact of contributions in such a system on disposable income as well as via the impact on future …
Persistent link: https://www.econbiz.de/10013047746
We set up an overlapping generations model with endogenous fertility to study pensions policies in an ageing economy … have negative effects on the fertility rate, thus exacerbating population ageing …
Persistent link: https://www.econbiz.de/10012919500
How are notional defined contribution (NDC) pension schemes and fertility correlated? How is the return rate of NDC … account determined? This study elucidates the dynamics of the correlations between NDC pension schemes and fertility by …. Unemployment exists due to efficiency wages. The theoretical analysis reveals that the fertility and NDC pension account return …
Persistent link: https://www.econbiz.de/10012933475