Komura, Mizuki; Ogawa, Hikaru - Institute for the Study of Labor (IZA) - 2014
The effects of pension policies on fertility have been examined in the overlapping generations (OLG) model of unitary … examines how the pension policy affects the endogenous fertility of a bargaining couple who have different lifespans. The … analysis finds out a new channel of pension policy on fertility decisions: an increase in pension size affects fertility not …