Showing 1 - 10 of 204
In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …
Persistent link: https://www.econbiz.de/10010877797
whether i) the parents control their fertility or not, ii) they value their children or not. Second, it investigates the … all "relevant" senses identical should be treated identically); it turns out that under endogenous fertility, any winning … policy trivially satisfies horizontal equity, but if fertility is exogenous for some of (or all) the parents, horizontal …
Persistent link: https://www.econbiz.de/10010540255
show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias. …
Persistent link: https://www.econbiz.de/10010551434
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/10010691459
causal effect of childcare costs on fertility in a context in which childcare enrollment is almost universal, user fees are …
Persistent link: https://www.econbiz.de/10008671728
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...
Persistent link: https://www.econbiz.de/10009020797
We study the trade-off between equity and growth in the context of tax-financed investment in public capital. Taking into account stylized facts on wealth accumulation, we model agent heterogeneity through differences in saving behavior, income source and time preference. In contrast to the...
Persistent link: https://www.econbiz.de/10010948809
We study the impact of heterogeneous saving behavior on the distributional effects of public investment. A capital tax is levied to finance productive public capital in an economy with two types of households: high income households who save dynastically and middle income households who save for...
Persistent link: https://www.econbiz.de/10010754656
Given that young children are under the control of their parents, if the government has an interest in either the welfare or the productivity of the former, it has no option but to act through the latter. Parents are, in the ordinary sense of the word, the government’s agents. They are agents...
Persistent link: https://www.econbiz.de/10004979405
Analyzing a homogenous household setting with endogenous fertility and endogenous labor supply, we demonstrate that … moving from joint taxation to individual taxation and adapting child benefits so as to keep fertility constant entails a …
Persistent link: https://www.econbiz.de/10005181258