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children as old-age economic security, discouraging fertility. In particular, this fact may explain the contemporaneity of the … political economy research these effects have been ignored, as the fertility choice is usually considered exogenous. This paper … pension systems, because as the family structure becomes weaker the fertility decreases, thus reducing the profitability of …
Persistent link: https://www.econbiz.de/10005622100
A complexity of a pension reform realization in a country with high level of intergenerational altruism is considered as a reason of a failure of the pension reform in Russia. Differences between intergenerational altruism levels in Russia and more modernized western countries are discussed....
Persistent link: https://www.econbiz.de/10008765902
precautionary motive for the demand for children so that fertility of prudent parents is expected to increase. …
Persistent link: https://www.econbiz.de/10011107638
In this paper we analyzed a model of endogenous fertility in presence of f financial market assets and social security … pensions. Given the children externality and in the absence of corrective policy, the fertility rate chosen in market economy …
Persistent link: https://www.econbiz.de/10011111476
In this paper we analyzed a model of endogenous fertility in presence of financial market assets and social security … pensions. Given the children externality and in the absence of corrective policy, the fertility rate chosen in market economy …
Persistent link: https://www.econbiz.de/10011113212
, urbanization and female labour force participation play in determining fertility of women in Pakistan. ARDL bound testing approach … to 2009. Empirical results show that there exists a long run as well as short run relationship between fertility and … relationship between all three determinants with fertility. Female education and urbanization of the society play significant role …
Persistent link: https://www.econbiz.de/10011111515
Parental or socioeconomic background plays an important role in determining employment outcomes during the individual whole life-cycle. The extent to which individuals move (up or down) the social ladder relative to one¿s parents is known as inter-generational social mobility. In a relatively...
Persistent link: https://www.econbiz.de/10008836444
A PAYGO system may serve as insurance against not having children and as an enforcement device for ungrateful children who are unwilling to pay their parents a pension. In fact, the latter was Bismarck’s historic motive for introducing this system. It is true that the PAYGO system reduces the...
Persistent link: https://www.econbiz.de/10008515841
Due to exceptionally low birth rates, the dynamism of Europe will be lagging behind that of other regions of the world for the time being. The paper assembles a rich body of comparative empirical data to clarify the extent of the demographic problems for the EU countries. It advances the view...
Persistent link: https://www.econbiz.de/10008515842
Ageing have prompted important changes in the structure of pension system with substantial differences across the most developed countries. Given that ageing populations are driving a growing need for private form of saving for retirement, the pension fund industry is like to exert an increasing...
Persistent link: https://www.econbiz.de/10008527360