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Providing Greater Old-Age Security in China
Herd, Richard; Hu, Hu-Wei; Koen, Vincent - Economics Department, Organisation de Coopération et … - 2010
China’s population is set to age fast, owing to low fertility and rising life expectancy. With ongoing migration of the …
Persistent link: https://www.econbiz.de/10008542491
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Fertility and pension systems
Rizzo, Giuseppe - Volkswirtschaftliche Fakultät, … - 2009
children as old-age economic security, discouraging fertility. In particular, this fact may explain the contemporaneity of the … political economy research these effects have been ignored, as the fertility choice is usually considered exogenous. This paper … pension systems, because as the family structure becomes weaker the fertility decreases, thus reducing the profitability of …
Persistent link: https://www.econbiz.de/10005622100
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Old Age Pensions Public Expenditures and Fertility in European Countries
ENACHE, Cosmin - In: Timisoara Journal of Economics 5 (2012) 17, pp. 119-126
The economic theory of fertility acknowledges the importance of old age pensions for individual fertility decisions …. However, theoretical predictions regarding the sign of this relation differ from altruistic fertility models (positive) to non …-altruistic fertility models (negative). First, a cointegration analysis is employed in order to check if there is a long-term equilibrium …
Persistent link: https://www.econbiz.de/10010565813
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A Constitutional Theory of the Family
Cigno, Alessandro - Institute for the Study of Labor (IZA) - 2005
The paper re-examines the idea that a family can be viewed as a community governed by a self-enforcing constitution, and extends existing results in two directions. First, it identifies circumstances in which a constitution is renegotiation-proof. Second, it introduces parental altruism. The...
Persistent link: https://www.econbiz.de/10005762141
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The Determinants of the Macroeconomic Implications of Aging
Sheiner, Louise - In: American Economic Review 104 (2014) 5, pp. 218-23
The aging of the US population undoubtedly will be associated with macroeconomic changes. In particular, some combination of lower consumption growth and increased labor input will ultimately be required. But, the timing of these changes can have important effects on variables like the rate of...
Persistent link: https://www.econbiz.de/10010773967
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Delaying the normal and early retirement ages in Spain: behavioural and welfare consequences for employed and unemployed workers
Martín, Alfonso R. Sánchez; Pérez, Jose Ignacio García - Departamento de Economía, Universidad Pablo de Olavide - 2014
In this paper, we explore the links between pension reform, early retirement, and the use of unemployment as an alternative pathway to retirement. We use a dynamic rational expectations model to analyze the search and retirement behaviour of employed and unemployed workers aged 50 or over. The...
Persistent link: https://www.econbiz.de/10010875544
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Developing Asia’s Pension Systems and Old-Age Income Support
Park, Donghyun; Estrada, Gemma B. - East Asian Bureau of Economic Research (EABER) - 2012
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in the People’s Republic of China, Indonesia,...
Persistent link: https://www.econbiz.de/10011277964
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Developing Asia’s Pension Systems and Old-Age Income Support
Park, Donghyun; Estrada, Gemma B. - East Asian Bureau of Economic Research (EABER) - 2012
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in the People’s Republic of China, Indonesia,...
Persistent link: https://www.econbiz.de/10011278015
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Developing Asia’s Pension Systems and Old-Age Income Support
Park, Donghyun; Estrada, Gemma B. - East Asian Bureau of Economic Research (EABER) - 2012
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in the People’s Republic of China, Indonesia,...
Persistent link: https://www.econbiz.de/10011278165
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Developing Asia’s Pension Systems and Old-Age Income Support
Park, Donghyun; Estrada, Gemma B. - East Asian Bureau of Economic Research (EABER) - 2012
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in the People’s Republic of China, Indonesia,...
Persistent link: https://www.econbiz.de/10011278222