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standard framework of endogenous fertility, the present paper shows that this result is still valid but that subsidizing … exhibit a too high fertility rate. Furthemore, when health is introduced as another source of externalities, the model shows … discussed in the light of family policies implemented in China and Sub-Saharan Africa. …
Persistent link: https://www.econbiz.de/10010750938
annuity market with actuarially fair return, imposing the optimum fertility rate and the optimum survival rate leads the …
Persistent link: https://www.econbiz.de/10010784116
While demographers Lotka (1939) and Lopez (1961) proposed conditions on (exogenous) fertility and mortality laws under … issues of age structure stabilization and convergence, by considering a population whose fertility and mortality are … structures will end up with the same long-run age structure when fertility and mortality laws are converging, which requires …
Persistent link: https://www.econbiz.de/10010738783
annuity market with actuarially fair return, imposing the optimum fertility rate and the optimum survival rate leads the …
Persistent link: https://www.econbiz.de/10010738987
We study the impact of demographic change on economic short and long-term dynamics in an enlarged Lucas-Uzawa model with intratemporal altruism. Demographics are summarized by population growth rate and initial size. In contrast to the existing literature, the long-run level effects of...
Persistent link: https://www.econbiz.de/10009325720
Common sense supports prevention policies aimed at improving survival prospects among the population. It is also widely acknowledged that an early death is a serious disadvantage, and that attention should be paid to the compensation of short-lived individuals. This paper re-examines the...
Persistent link: https://www.econbiz.de/10010929082
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...
Persistent link: https://www.econbiz.de/10010930209
This study estimates the human cost of failures in the CCS industry in 2050, using the actuarial approach. The range of expected fatalities is assessed integrating all steps of the CCS chain: additional coal production, coal transportation, carbon capture, transport, injection and storage, based...
Persistent link: https://www.econbiz.de/10009402095
egalitarian grounds --although the conclusion is reversed when mortality strikes only after retirement. …
Persistent link: https://www.econbiz.de/10010738814
One of the greatest success stories in our societies is that people are living longer, life expectancy at birth being now above 80 years. Whereas the lengthening of life opens huge opportunities for individuals if extra years are spent in prosperity and good health, it is however often regarded...
Persistent link: https://www.econbiz.de/10010739055