Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … which a public pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension … system on fertility works via the impact of contributions in such a system on disposable income as well as via the impact on …

fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation. …

-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an …

In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …

effects of mortality, fertility and migration developments on the dynamics of the German pension system. We show that the past … population structure - driven by past fertility changes - and future mortality improvements will be the most important factors …

effects of mortality, fertility and migration developments on the dynamics of the German pension system. We show that the past … population structure - driven by past fertility changes - and future mortality improvements will be the most important factors …