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We study a parent's demand for gratitude from his child. We view this demand as an intervening variable between the parent's earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive care and support from his child late in life, while the...
Persistent link: https://www.econbiz.de/10012820870
Fertility is a main driver and outcome of long-term growth. Yet, fertility may not only interact with the level of income but also with its volatility. In pre-modern economies where formal social security was largely absent, fertility decisions may also have been made in view of insuring income...
Persistent link: https://www.econbiz.de/10011580904
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement choices necessarily coincide with socially optimal...
Persistent link: https://www.econbiz.de/10012405524
We take advantage of recent advances in behavioral genetics to revisit a classic question in economics: how do parents respond to children's endowments and to differences in endowments among siblings? Parental investment decisions depend both on parental preferences regarding inequality in the...
Persistent link: https://www.econbiz.de/10012019317
We set up an overlapping generations model with endogenous fertility to study pensions policies in an ageing economy. We show that an increasing life expectancy may not be detrimental for the economy or the pension system itself. On the other hand, conventional policy measures, such as...
Persistent link: https://www.econbiz.de/10011855784
In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of...
Persistent link: https://www.econbiz.de/10011994093
Persistent link: https://www.econbiz.de/10014249050
This paper addresses the apparent paradox between widespread support of cattle farming by agricultural policy interventions and negative returns to cattle as stressed in recent works. Using a representative panel dataset for Andhra Pradesh, a state in the south of India, we examine average and...
Persistent link: https://www.econbiz.de/10010413090
Smallholder farming dominates agriculture in poorer countries. Yet, traditional recall-based surveys on smallholder farming in these countries face challenges with seasonal variations, high survey costs, poor record-keeping, and technical capacity constraints resulting in significant recall...
Persistent link: https://www.econbiz.de/10012804482
In many parts of the world, several decades of intensively applying Green Revolution technologies came at environmental costs, i.e. degraded water and soil quality as well as a loss of biodiversity. This has led to an increased interest in alternative farming systems such as organic farming,...
Persistent link: https://www.econbiz.de/10012242319