Showing 1 - 10 of 608
and money in their upbringing. -- Pension reform ; implicit pension taxes and subsidies ; child benefits ; fertility …
Persistent link: https://www.econbiz.de/10003820014
We study the role of fertility adjustments for the labor market responsiveness of men and women. First, we use … longitudinal Danish register data and tax reforms from 2009 to provide new empirical evidence on asymmetric fertility adjustments … to tax changes of men and women. Second, we quantify the importance of these fertility adjustments for understanding the …
Persistent link: https://www.econbiz.de/10013201692
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … which a public pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension … system on fertility works via the impact of contributions in such a system on disposable income as well as via the impact on …
Persistent link: https://www.econbiz.de/10009792218
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
-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
This study identifies the causal effect of pension generosity on women’s fertility behavior. It capitalizes on Brazil … age by 10% in the short-run. Completed fertility declines by 1.3 children within 20 years after the reform, reducing the … contribution base of the Pay-As-You-Go pension system in the long-run. The fertility response is strongest at higher birth parities …
Persistent link: https://www.econbiz.de/10012194379
predicts lower future pensions to reduce fertility, while the "old-age securityʺ 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 securityʺ even for contemporary fertility.-- old-age security ; public pension systems ; fertility …
Persistent link: https://www.econbiz.de/10003850326
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/10003872226
We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is strongly correlated with U.S. occupational retirement...
Persistent link: https://www.econbiz.de/10014251290
China has set to increase the minimum retirement age, to ease the pressure from pension expenditure and the falling labor supply caused by the aging population. However, policy debates have so far neglected the crucial fact that families in China largely rely on retired grandparents for...
Persistent link: https://www.econbiz.de/10011924512