little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent … retirement ages from keeping pace with changes in life expectancy, leading to an increased need for life-cycle savings. Analyzing … a cross-country panel of macroeconomic data, we find that increased longevity raises aggregate savings rates in …

agree on wanting a child. Using newly available data on fertility preferences and outcomes, we show that indeed, babies are … bargaining model of fertility choice and match the model to data from a set of European countries with very low fertility rates …. The distribution of the burden of child care between mothers and fathers turns out to be a key determinant of fertility. A …

the fertility and marital behavior in Germany, until recently a lowest-low fertility setting. We find that exposure to … greater import competition from Eastern Europe led to worse labor market outcomes and lower fertility rates. In contrast …, workers in industries that benefited from increased exports had better employment prospects and higher fertility. These …

century for the US, Japan, UK, Germany and France, and a shorter sample covering the last third of the twentieth century for …

This paper focuses on three large Continental European countries: France, Germany, and Italy. These countries have …

Since the early 1990's the growth rates of the four largest European economies--France, Germany, Italy, and the United … individual life expectancies and declining fertility have led to gradually ageing populations. Demographic change affects … economic growth directly through households savings and labor supply decisions and also growth indirectly through the pension …

strong in continental European economies such as Germany, France, and Italy, with their large and ailing pay-as-you-go public … accentuated by fundamental pension reforms that aim at more pre-funding. Population aging changes households' savings behavior and … at the effects of population aging on savings behavior and capital markets therefore adds a new dimension to the …

To assess whether earnings-dependent maternity leave positively impacts fertility and narrows the baby gap between high … educated (high earning) and low educated (low earning) women, I exploit a major maternity leave benefit reform in Germany that … fertility up to 5 years post reform. In addition to demonstrating an up to 22% increase in the fertility of tertiary educated …

marriage when the sex of the child is known before birth, and fertility stopping rules. We document that parents with girls are … likely to be married at delivery. When we turn to fertility, we find that in families with at least two children, the …