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fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation. …
Persistent link: https://www.econbiz.de/10011506226
We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...
Persistent link: https://www.econbiz.de/10010422205
-region growth model with endogenous fertility, in which public knowledge spillovers from the more advanced core into children …
Persistent link: https://www.econbiz.de/10012628761
the fertility technology. On the opposite, ex post egalitarianism always recommends marginal taxation. …
Persistent link: https://www.econbiz.de/10013262743
I model the strategic interaction between scientists aiming for promotion and a research institution that seeks a highly productive faculty by setting a maternity allowance in the form of a minimum promotion standard. The model shows that maternity allowances need not derive from moral justice...
Persistent link: https://www.econbiz.de/10011966871
undesirable, and where there is imperfect fertility control, leading to involuntary childlessness/parenthood. Using an equivalent … consumption approach in the consumption-fertility space, we first show that the identification of the worst-off individuals is not … robust to how the social evaluator fixes the reference fertility level. Adopting the ex post egalitarian social criterion …
Persistent link: https://www.econbiz.de/10012156624
growth. The analysis is performed in a two-country growth model with endogenous fertility, in which congestion diseconomies … are incorporated. The model shows that out-migration increases fertility and reduces human capital in the source economy …. At the same time, in-migration reduces fertility and can increase or decrease the average level of human capital in the …
Persistent link: https://www.econbiz.de/10011659511
Basu and Van (1998) show that a ban on child labour may be self-enforcing under the extreme assumption that, above the subsistence level, no amount of consumption can compensate parents for the disutility of child labour. We show that a partial ban may be self-enforcing also in a more general...
Persistent link: https://www.econbiz.de/10014505309
endogenous fertility that address the problem of fiscal redistribution between young and old cohorts in the presence of an aging …
Persistent link: https://www.econbiz.de/10013419330
-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an …
Persistent link: https://www.econbiz.de/10011402545