Similar Search Results

Sharing High Growth Across Generations: Pensions and Demographic Transition in China

Song, Zheng Michael; Storesletten, Kjetil; Wang, Yikai; … - C.E.P.R. Discussion Papers - 2012

Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …

Persistent link: https://www.econbiz.de/10011083803

Public Pension Reform, Demographics, and Inequality

Weizsäcker, Robert K von - C.E.P.R. Discussion Papers - 1994

Starting from a simple, descriptive model of individual income, an explicit link between the age composition of a population and the personal distribution of incomes is established. Demographic effects on income inequality are derived. Next, a pay-as-you-go financed state pension system is...

Persistent link: https://www.econbiz.de/10005666745

Does an Aging Population Increase Inequality?

Weizsäcker, Robert K von - C.E.P.R. Discussion Papers - 1996

The paper reviews recent research on the impact of an aging population on the distribution of income. After briefly discussing the demographic conditions responsible for population aging, a short account is given of demographic trends in the industrialized world. In order to disentangle the many...

Persistent link: https://www.econbiz.de/10005791974

Agricultural Productivity Growth and Escape from the Malthusian Trap

Fürnkranz-Prskawetz, Alexia; Kögel, Tomas - C.E.P.R. Discussion Papers - 2000

Industrialization allowed the industrialized world of today to escape from a regime characterized by low economic and population growth and to enter a regime of high economic and population growth. To explain this transition, we construct a two-sector growth model with endogenous fertility and...

Persistent link: https://www.econbiz.de/10005791731

From Stagnation to Growth: Unified Growth Theory

Galor, Oded - C.E.P.R. Discussion Papers - 2004

This Paper examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course...

Persistent link: https://www.econbiz.de/10005497992

Human Capital and Fertility in Chinese Clans Before Modern Growth

Shiue, Carol Hua - C.E.P.R. Discussion Papers - 2013

This paper studies the pre-industrial origins of modern-day fertility decline. The setting is in Anhwei Province, China … over the 13th to 19th centuries, a period well before the onset of China’s demographic transition and industrialization … investments. The findings point to a role for demography in explaining China’s failure to industrialize early on. …

Persistent link: https://www.econbiz.de/10011084217

The Demographic Transition and the Emergence of Sustained Economic Growth

Galor, Oded - C.E.P.R. Discussion Papers - 2004

The demographic transition that swept the world in the course of the last century has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed and...

Persistent link: https://www.econbiz.de/10005662096

A Quantative Analysis of Swedish Fertility Dynamics: 1751-1990

Eckstein, Zvi; Mira, Pedro Solbes; Wolpin, Kenneth - C.E.P.R. Discussion Papers - 1998

This paper analyses the relationship between age-specific fertility, mortality and real wages in Sweden during the demographic transition. We take an overlapping generation’s model of life cycle fertility and fit it to actual Swedish time-series data over the past two and a half centuries. The...

Persistent link: https://www.econbiz.de/10005136659

Aggregate Fertility and Household Savings: A General Equilibrium Analysis using Micro Data

Banerjee, Abhijit; Meng, Xin; Porzio, Tommaso; Qian, Nancy - C.E.P.R. Discussion Papers - 2014

relationship between aggregate fertility and household savings. First, we document that parents perceive children as an important … source of old-age support and that in partial equilibrium, increased fertility lowers household savings. Then, we construct … equilibrium effects can substantially overstate the effect of a change in aggregate fertility on households savings. …

Persistent link: https://www.econbiz.de/10011084282

Pension systems, Intergenerational Risk Sharing and Inflation

Beetsma, Roel; Bovenberg, A Lans - C.E.P.R. Discussion Papers - 2007

We investigate intergenerational risk sharing in two-pillar pension systems with a pay-as-you-go pillar and a funded pillar. We consider shocks in productivity, depreciation of capital and inflation. The funded pension pillar can be either defined contribution or defined benefit, with benefits...

Persistent link: https://www.econbiz.de/10005497820