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the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce …
Persistent link: https://www.econbiz.de/10013117792
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...
Persistent link: https://www.econbiz.de/10013125698
show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias …
Persistent link: https://www.econbiz.de/10013107062
whether i) the parents control their fertility or not, ii) they value their children or not. Second, it investigates the … all "relevant" senses identical should be treated identically); it turns out that under endogenous fertility, any winning … policy trivially satisfies horizontal equity, but if fertility is exogenous for some of (or all) the parents, horizontal …
Persistent link: https://www.econbiz.de/10013108086
We examine the effects of differences in social capital on first and second best transfers to families with children, in an asymmetric information context where the number of births, and the future earning capacity of each child that is born, are random variables. The probability that a couple...
Persistent link: https://www.econbiz.de/10012780468
generations. It focuses particularly on labor supply but, for the second generation, also examines fertility and education …
Persistent link: https://www.econbiz.de/10013009865
In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …
Persistent link: https://www.econbiz.de/10013048887
This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as … part through education. In addition to the customary externality source associated with a change in average fertility rate … alone entails a higher fertility rate and a lower ratio of high- to low-ability children, as compared to using education …
Persistent link: https://www.econbiz.de/10013316338
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10013316388
This paper examines the relationship between international migration and source country fertility. The impact of … international migration on source country fertility may have a number of causes, including a transfer of destination countries …' fertility norms and an incentive to acquire more education. We provide a rigorous test of the diffusion of fertility norms using …
Persistent link: https://www.econbiz.de/10013316417