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This contribution proposes a simulation approach for the indirect estimation of age-specific fertility rates (ASFRs …) and the total fertility rate (TFR) for Germany via time series modeling of the principal components of the ASFRs. The … probability of 75%. Based on this result, it is unlikely that the fertility level will fall back to its extremely low levels of …
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Latin American market-oriented reforms along the lines of the Washington Consensus need to be supplemented by a number of social policies to achieve a more equitable society. While there has been considerable progress in enhancing the efficiency, much less has been made with regard to improving...
Persistent link: https://www.econbiz.de/10011934127
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10003936144
This paper examines the causal effects of a major change in the German parental leave benefits on fertility. I use the …
Persistent link: https://www.econbiz.de/10011280834
This article investigates the impact of unemployment on the likelihood of having a first child. Using micro-data from the European Community Household Panel (ECHP), I apply event history methods to analyze first-birth decisions in France, West Germany, and the UK (1994-2001). The results...
Persistent link: https://www.econbiz.de/10010201818
What role does affordable and widely available public child care play for fertility? We exploit a major German reform … fertility. The fertility effects are more pronounced at the intensive than at the extensive margin, and are not driven by tempo … effects or selective migration. Our findings inform policy makers concerned about suboptimally low fertility by suggesting …
Persistent link: https://www.econbiz.de/10010347342