Showing 1 - 10 of 120
financial sustainability of social security schemes, and reform initiatives and proposals abound. It is shown that a fundamental …
Persistent link: https://www.econbiz.de/10005094323
opposite redistribution, from the childless to those with children, would be efficient if individuals have low risk aversion …. Redistribution in favor of the infertile would only be justified when risk aversion is high. …
Persistent link: https://www.econbiz.de/10005765728
A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and education, we discuss internalization policies...
Persistent link: https://www.econbiz.de/10005766193
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/10005181485
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper is the first to provide detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our...
Persistent link: https://www.econbiz.de/10010691459
Empirical research has given cause to fear that the demographic ageing in industrialized countries is likely to exert a negative impact on educational spending. These papers have linked the share of the elderly with the per capita or per pupil spending on education at the local, state-wide or...
Persistent link: https://www.econbiz.de/10005405879
The passage of Title IX, the 1972 Education Amendments to the Civil Rights Act, expanded high school athletic opportunities to include girls, revolutionizing mass sports participation in the United States. This paper analyzes high school athletic participation in the United States and how sports...
Persistent link: https://www.econbiz.de/10005406242
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This is reflected in immigration policies and many developed countries have created special visas and entry requirements in an attempt to attract immigrant entrepreneurs. Not...
Persistent link: https://www.econbiz.de/10011257678
small positive short-run impacts on working time and larger ones on the employment rate, but only for employees at high risk …
Persistent link: https://www.econbiz.de/10011257679
We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...
Persistent link: https://www.econbiz.de/10010948876