Showing 1 - 10 of 119
The present paper develops a general equilibrium model with overlapping generations and endogenous fertility in order … to analyze the interaction between public policy and household labor supply and fertility decisions. The model …'s benchmark equilibrium reflects the current family policy as well as the differential fertility pattern of educational groups in …
Persistent link: https://www.econbiz.de/10013139605
factors such as fertility rates and longevity to prices. We show that lower fertility rates lead to smaller demand for credits …
Persistent link: https://www.econbiz.de/10012997077
This paper analyzes the impact on fertility of changes in national expenditure for family allowances, maternity and … thus reduce the opportunity cost of children — generates positive fertility responses …
Persistent link: https://www.econbiz.de/10014200840
Rising longevity and falling fertility threaten the sustainability of pay-as-you-go pension chemes. This paper shows … not generate sufficient additional tax revenues to subsitute for the dearth of human capital caused by falling fertility …
Persistent link: https://www.econbiz.de/10014200843
A number of trends are changing the nature of social risks and increase the importance of human capital, adaptability and flexibility. This paper discusses the usefulness of a lifecourse perspective in developing proactive social policies that better fit the changing life cycles of individuals...
Persistent link: https://www.econbiz.de/10014212557
Although from a life course perspective women’s retirement timing can be expected to be related to family events earlier in life, such as childbirth and divorce, empirical insights into these relationships are limited. Drawing on three-wave panel data, collected in 2001, 2006-2007, and 2011...
Persistent link: https://www.econbiz.de/10014143714
We develop and study a neoclassical growth model with a realistic demographic structure. Our model complements recent developments in the overlapping generations (OLG) literature by highlighting the natural link that exists between different classes of macrodynamic models. Within the model we...
Persistent link: https://www.econbiz.de/10014186366
This paper examines policies for the decumulation of pension wealth in the Netherlands. It suggests a design framework based on economic theory and international evidence. The central message is that a well-designed pension system has an important – although certainly not exclusive – role...
Persistent link: https://www.econbiz.de/10013128760
The paper deals with the question of whether it is possible to combine the insights and recommendations of optimal individual lifecycle investing with the proven gains of defined benefit pension funds. These gains primarily stem from cost efficiency and (intergenerational) risk sharing.We...
Persistent link: https://www.econbiz.de/10013130547
In this paper we analyze the possibilities of intergenerational risk sharing in a generational DB pension fund. In a generational pension plan each generation has their own pension scheme and is subject to discretionary investment, indexation and contribution policies, thereby losing...
Persistent link: https://www.econbiz.de/10013132533