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Survival to Adulthood and the Growth Drag of Pollution

Schaefer, Andreas - 2016

Environmental pollution adversely affects children’s probability to survive to adulthood, reduces thus parental expenditures on child quality and increases the number of births necessary to achieve a desired family size. We argue that this mechanism will be intensified by economic inequality...

Persistent link: https://www.econbiz.de/10011753305

Imperfect competition, real estate prices and new stylized facts

Kumar, Ronald Ravinesh; Stauvermann, Peter - In: Journal of Risk and Financial Management 15 (2022) 3, pp. 1-17

In this paper, we develop an overlapping generation model with imperfect competition and land to provide a theoretical …-proportional increase in land prices in developed countries. The model developed for analysis has close similarity with the standard … neoclassical overlapping generation model with endogenous growth and land. The main difference between the standard neoclassical …

Persistent link: https://www.econbiz.de/10013201402

Human Capital and Pensions with Endogenous Fertility and Retirement

Cipriani, Giam Pietro; Fioroni, Tamara - 2023

We study an OLG model with child policies and a PAYG pension with endogenous retirement and fertility. The result of the planned economy is compared to the decentralized competitive equilibrium deriving optimal policies. We show that in the presence of a PAYG pension system, the optimal policy...

Persistent link: https://www.econbiz.de/10014296773

Public debt, child allowances, and pension benefits with endogenous fertility

Yasuoka, Masaya; Miyake, Atsushi - 2012

The stock of public debt in some developed countries continues to increase because of a lack of tax revenues and the burdens of social security. Many of those developed countries suffer from lower birth rates. Child allowances might help to raise fertility, leading to higher tax revenue in the...

Persistent link: https://www.econbiz.de/10010310466

Public debt, child allowances and pension benefits with endogenous fertility

Yasuoka, Masaya; Miyake, Atsushi - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-11, pp. 1-25

The public debt stock in some economically developed countries continues to increase because of a lack of tax revenues and the concomitant burdens of social security. Many of those countries suffer from lower birth rates and consequently, have fewer children. Child allowances might be an...

Persistent link: https://www.econbiz.de/10010311849

Taxing Family Size and Subsidising Child-specific Commodities? Optimal Fiscal Treatment of Households with Endogenous Fertility

Cigno, Alessandro; Pettini, Anna - 1999

The effects and optimal choice of policy instruments affecting the family (child benefits, taxes on child-specific commodities, etc.) are examined within the context of a household economics model with fertility choice. The simultaneous consideration of child benefits and commodity taxes in the...

Persistent link: https://www.econbiz.de/10010314922

On the Optimality of PAYG Pension Systems in an Endogenous Fertility Setting

Abío, G.; Mahieu, Geraldine; Patxot, Cio - 2003

In order to help in designing an accurate pension reform, we determine the resource allocation in an endogenous fertility model that generates an endogenous demographic transition by means of distinguishing between female and male labor. We analyze the problem of the optimal solution and...

Persistent link: https://www.econbiz.de/10010315937

Efficiency with endogenous population growth. Do children have too many rights?

Pérez-Nievas, Mikel - In: Theoretical Economics 18 (2023) 4, pp. 1375-1406

Fertility rates are declining in many countries. But are fertility rates inefficiently low? This paper addresses this question by exploring the efficiency properties of equilibria in an overlapping generations setting with endogenous fertility and dynastic parental altruism, using a particular...

Persistent link: https://www.econbiz.de/10014537047

International migration, transfers of norms and home country fertility

Beine, Michel; Docquier, Frédéric; Schiff, Maurice - 2008

This paper examines the relationship between international migration and source country fertility. The impact of international migration on source country fertility may have a number of causes, including a transfer of destination countries' fertility norms and an incentive to acquire more...

Persistent link: https://www.econbiz.de/10010264528

Fertility, human capital accumulation, and the pension system

Cremer, Helmuth; Gahvari, Firouz; Pestieau, Pierre - 2009

This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as they relate to pension systems. It considers as overlapping generations model in which every generation consists of high earners and low earners with the proportion of types being...

Persistent link: https://www.econbiz.de/10010266047