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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 effects of a major change in German parental transfer system on fertility. I use the largely …-order fertility. Given the recent introduction, this paper evaluates short-run responses by using data from the German Microcensus …-run fertility responses are less pronounced and vary with potential earnings. The heterogeneity is in line with the structure of …
Persistent link: https://www.econbiz.de/10010337838
benefits on fertility. While generally the reform increased child benefits, the exact amount of the increase varied … substantially by household income and sibship size. We use these heterogeneities to identify their causal effects on fertility in a … positive fertility effects for higher as opposed to lower income couples deciding on a second birth. …
Persistent link: https://www.econbiz.de/10011525918
fertility. Generally, the reform increased child benefits. However, the exact amount of the increase varied by household income … and sibship size. We use this heterogeneity of the reform to identify causal effects on fertility using a difference … child benefit reform did not yield robust or statistically significant fertility effects for low income couples. We find …
Persistent link: https://www.econbiz.de/10011447135
This paper examines the causal effects of a major change in the German parental leave benefit scheme on fertility. I …
Persistent link: https://www.econbiz.de/10010191933
benefits on fertility. While generally the reform increased child benefits, the exact amount of the increase varied by … household income and the number of children. We use these heterogeneities to identify their causal effects on fertility in a … fertility effects for higher as opposed to lower income couples deciding on a second birth. …
Persistent link: https://www.econbiz.de/10011647666
benefits on fertility. While generally the reform increased child benefits, the exact amount of the increase varied by … household income and the number of children. We use these heterogeneities to identify their causal effects on fertility in a … fertility effects for higher as opposed to lower income couples deciding on a second birth. …
Persistent link: https://www.econbiz.de/10011653600
The present paper investigates how parents responsible for child maintenance payments have re sponded to changes in the amount of obligations. The potential endogeneity of child support obligations is addressed by using SOEP panel data from 1985-2013 and applying individual FE-IV models. Results...
Persistent link: https://www.econbiz.de/10012106101
benefits on fertility. While generally the reform increased child benefits, the exact amount of the increase varied by … household income and the number of children. We use these heterogeneities to identify their causal effects on fertility in a … fertility effects for higher as opposed to lower income couples deciding on a second birth. …
Persistent link: https://www.econbiz.de/10011622207
Persistent link: https://www.econbiz.de/10000840285