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The effects of pension policies on fertility have been examined in the overlapping generations (OLG) model of unitary … examines how the pension policy affects the endogenous fertility of a bargaining couple who have different lifespans. The … analysis finds out a new channel of pension policy on fertility decisions: an increase in pension size affects fertility not …
Persistent link: https://www.econbiz.de/10010408840
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/10012193368
social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … fertility and the elderly labor supply in the economy as a whole. It shows that governments can realize the first …
Persistent link: https://www.econbiz.de/10012405524
We set up an overlapping generations model with endogenous fertility to study pensions policies in an ageing economy … have negative effects on the fertility rate, thus exacerbating population ageing. …
Persistent link: https://www.econbiz.de/10011855784
contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and … decrease fertility less. Finally, the effects of the social security tax on capital per worker are negative with mandatory …
Persistent link: https://www.econbiz.de/10011994093
Persistent link: https://www.econbiz.de/10014249050
children's fertility. We use representative panel data from Germany to link observations on parents and adult children. We … retirement affects only the timing of adult children's fertility, without having an effect on total fertility. …
Persistent link: https://www.econbiz.de/10012178365
Western governments are currently contemplating how to adapt their Pay-As-You-Go pension systems so that these remain financially sustainable, even with an aged population. To the extent that policy-makers haven't already adapted their old age social security schemes, an ageing population thus...
Persistent link: https://www.econbiz.de/10003753597
We use the first three waves of the Household Income and Labour Dynamics in Australia (HILDA) Survey to examine the retirement plans of middle-aged workers (aged 45-55). Our results indicate that approximately two-thirds of men and more than half of women appear to be making standard retirement...
Persistent link: https://www.econbiz.de/10003499750
The introduction of NDC public pension scheme in few European countries, such as Latvia, Sweden, Italy, and Poland, in the nineties was motivated, among other things, by the need (i) to ensure the long term financial sustainability of the public pension system by linking pension returns to...
Persistent link: https://www.econbiz.de/10009153047