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 …

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. …

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 …

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

and money in their upbringing. -- Pension reform ; implicit pension taxes and subsidies ; child benefits ; fertility …

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 …

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 …

annuities, or for a given level of annuitization, both increasing longevity and decreasing fertility should reduce the inherited … distributed if aging is driven by a drop in fertility. In comparison, the effect of increasing longevity on their distribution in …