in the usual way, and an unconventional one allowing them to qualify for a pension by having children, and investing time …

women. Historically, women with more education have been the least likely to marry and have children, but this marriage gap …. College educated women marry later, have fewer children, are less likely to view marriage as “financial security”, are happier … has eroded as the returns to marriage have changed. Marriage and remarriage rates have risen for women with a college …

decisions and intergenerational transfers are governed by self-enforcing family constitutions. We then show that first and …

of the two: if and only if children are more complementary to leisure should the taxbenefit link be given a positive … may justify redistribution from families with children to those without implied by most pension systems. We find that the … opposite redistribution, from the childless to those with children, would be efficient if individuals have low risk aversion …

A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with … displays both a benefit contingent on the contributions of children and a purely fertility-related component. …

the number of children is generally preferable to family allowances because the latter creates a larger tax load on labor …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 …

family taxation using a household economics approach to behaviour; the nature of the winning policy is found to depend on … whether i) the parents control their fertility or not, ii) they value their children or not. Second, it investigates the … equity is virtually impossible to satisfy. The assessment on whether a given family taxation scheme attains horizontal equity …