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fertility model generating a demographic transition. Extending Samuelson’s (1975) work in such a setting, we analyze the problem …
Persistent link: https://www.econbiz.de/10004985277
Two social security schemes are compared in the long run, one based on a basic income and on the other on unemployment benefits. The analysis is carried out in an overlapping generations model in which agents have to decide whether to become skilled or remain unskilled, and how much time to...
Persistent link: https://www.econbiz.de/10004985136
This paper re-examines the effects of population aging and pension reforms in an OLG model with labor market frictions. The most important feature brought about by labor market frictions is the connection between the interest rate and the unemployment rate. Exogenous shocks (such as aging)...
Persistent link: https://www.econbiz.de/10008674348
To cope with the observed drop in fertility, four policy options are generally considered : lowering pension benefits …
Persistent link: https://www.econbiz.de/10004985297
We examine the pathways by which gender inequality affects fertility and hampers growth. We introduce several … characterize a Malthusian corner regime which is characterized by strong gender inequality in education and high fertility. We find … regime while reducing the wage gender gap lowers fertility only in countries which have already escapted from it. The key …
Persistent link: https://www.econbiz.de/10004984722
This paper develops a theory of optimal fertility behavior under mortality schocks. In a 3-periods OLG model, young … adults determine their optimal fertility, labor supply and life-cycle consumption with both exogenous child and adult … shocks raise fertility due to insurance and life-cycle mechanisms respectively. In general equilibrium, adult mortality …
Persistent link: https://www.econbiz.de/10004984812
winning. A clan’s fertility is determined ex ante by each group. In the quest for greater bargaining power, each clan … between Easter and Tikopia Islands. The paper also makes a methodological contribution in that it is the first fertility model … to include strategic complementarities between groups’ fertility decisions …
Persistent link: https://www.econbiz.de/10004984818
This paper simulates the impact of a permanent fertility shock on economic growth, using endogenous versus exogenous … decline in fertility on growth when compared with an exogenous growth model. This result stems from the rise in education …
Persistent link: https://www.econbiz.de/10004985272
Very few studies have explored the optimality properties of the "standard model" of fertility where parents must …
Persistent link: https://www.econbiz.de/10008497803
at marriage, fertility rate, and mean age at birth, we rank countries according to the Missing Brides Index. …
Persistent link: https://www.econbiz.de/10010540105