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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 …
Persistent link: https://www.econbiz.de/10009792218
The effects of pension policies on fertility have been examined in the overlapping generations (OLG) model of unitary … examines how the pension policy affects the endogenous fertility of a bargaining couple who have different lifespans. The … analysis finds out a new channel of pension policy on fertility decisions: an increase in pension size affects fertility not …
Persistent link: https://www.econbiz.de/10010408840
Rising public pension generosity has frequently been cited as one reason for the (persistently) declining fertility … rates in many advanced economies. Despite the theoretical appeal, empirical evidence on the pension-fertility nexus is … limited. To fill this gap, I study country-level fertility trends before and after 23 pension reforms using a long-run panel …
Persistent link: https://www.econbiz.de/10011608047
Persistent link: https://www.econbiz.de/10002120738
How are notional defined contribution (NDC) pension schemes and fertility correlated? How is the return rate of NDC … account determined? This study elucidates the dynamics of the correlations between NDC pension schemes and fertility by …. Unemployment exists due to efficiency wages. The theoretical analysis reveals that the fertility and NDC pension account return …
Persistent link: https://www.econbiz.de/10012933475
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social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … fertility and the elderly labor supply in the economy as a whole. It shows that governments can realize the first …
Persistent link: https://www.econbiz.de/10012405524
Persistent link: https://www.econbiz.de/10011645580