Bismarck pension system. Distortions of the fertility decision can be reduced through the introduction of a stronger child …

of marriage. We finally discuss the impact of late marriages on fertility, and argue that there need not be negative …

fertility. The model is a three-period CGE framework where the design of the education system and effects on factor prices are … individuals in the small open economy are unaffected by fertility fluctuations. …

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 …

human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and … displays both a benefit contingent on the contributions of children and a purely fertility-related component. …

This paper examines how marital and fertility patterns have changed along racial and educational lines for men and …

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. …

Analyzing a homogenous household setting with endogenous fertility and endogenous labor supply, we demonstrate that … moving from joint taxation to individual taxation and adapting child benefits so as to keep fertility constant entails a …

-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an …