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unmarried women, thereby delaying female marriage, lowering fertility, and unleashing economic growth. We show that this …
Persistent link: https://www.econbiz.de/10012916356
predicts lower future pensions to reduce fertility, while the 'old-age security' to increase it. Our empirical analysis … identifies a clear and robust positive effect of less generous future pensions on post-reform fertility. These findings are … consistent with 'old-age security' even for contemporary fertility …
Persistent link: https://www.econbiz.de/10013316377
This paper analyses the effect of federalism on fertility and growth. In a model with human capital accumulation and … endogenous fertility, two regimes of education finance are compared: central and local education. Using numerical simulation, I … find that local education finance yields higher growth at the price of increased inequality. Aggregate fertility may be …
Persistent link: https://www.econbiz.de/10013316652
policy shocks. We find that a higher degree of KUJ lowers economic growth, while, in contrast, a decrease in the fertility …
Persistent link: https://www.econbiz.de/10013316442
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...
Persistent link: https://www.econbiz.de/10013316605
I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous … transfers. For the economy at large, high-fertility unskilled immigrants and a low-fertility indigenous population result in …
Persistent link: https://www.econbiz.de/10013133620
The interaction between investment in children's education and parental fertility is crucial in recent theories of the … significant negative causal effect of education on fertility, which is robust to accounting for spatial autocorrelation. The …
Persistent link: https://www.econbiz.de/10013135779
the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce …
Persistent link: https://www.econbiz.de/10013117792
multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility …
Persistent link: https://www.econbiz.de/10013121202
The present paper develops a general equilibrium model with overlapping generations and endogenous fertility in order … to analyze the interaction between public policy and household labor supply and fertility decisions. The model … benefit system and analyze the long-run impact on fertility and female labor supply. Our simulations indicate three central …
Persistent link: https://www.econbiz.de/10013124970