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opportunity cost of bearing children and, hence, stimulates (depresses) fertility. The policy implications are straightforward …Using a simple OLG small open economy with endogenous fertility we show that the command optimum can be decentralised … internalise the externality of children, while also representing a Pareto improvement. …
Persistent link: https://www.econbiz.de/10008545983
endogenous fertility. It is shown that development traps due to under investments in health can never appear when fertility is an …
Persistent link: https://www.econbiz.de/10008685062
conventional overlapping generations model of neoclassical growth extended with endogenous longevity and endogenous fertility. The …
Persistent link: https://www.econbiz.de/10008685358
economic growth in the basic OLG model with endogenous fertility. We show that a rise in longevity can actually reduce long …) causes fertility either to increase of decrease depending on the size of the grandparental child rearing time. …
Persistent link: https://www.econbiz.de/10009025259
overlapping-generations neoclassical growth model à la Chakraborty (2004) extended with endogenous fertility under the assumption … of weak altruism towards children. The government invests in public health, and an individual’s survival probability at …
Persistent link: https://www.econbiz.de/10011110839
fertility founding that a reallocation of labour in favour of the services sector causes an additional beneficial effect on per …
Persistent link: https://www.econbiz.de/10008533569
This article analyses how long-run pay-as-you-go public pensions react to a change in fertility in the basic … debates that the decline in fertility represents a “demographic time bomb” for the sustainability of public pensions, it is …
Persistent link: https://www.econbiz.de/10008685575