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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
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/10010331423
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/10010264592
and money in their upbringing. -- Pension reform ; implicit pension taxes and subsidies ; child benefits ; fertility …
Persistent link: https://www.econbiz.de/10003820014
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 article outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one...
Persistent link: https://www.econbiz.de/10013147651
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/10013316388
Estimating saving and fertility simultaneously by the VAR method, we find that social security cover has a positive … effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was …, the negative effect of social security on fertility tends to erode the system's own contributory base, because it reduces …
Persistent link: https://www.econbiz.de/10013321181
Bismarck pension system. Distortions of the fertility decision can be reduced through the introduction of a stronger child …
Persistent link: https://www.econbiz.de/10012779785
Fertility rates have declined in all OECD countries throughout the last decades. Despite this common secular trend … Italy display lower fertility rates than France, the United Kongdom, and the Scandinavian countries. All countries use some …. Although these measures are mainly motivated by equity considerations, they will generally also have an impact on fertility. …
Persistent link: https://www.econbiz.de/10011848493
In allen OECD-Ländern sind die Geburtenraten in den letzten vierzig Jahren erheblich gesunken. Trotz dieses gemeinsamen Trends kann aber sowohl in der zeitlichen Entwicklung als auch im aktuellen Stand des Geburtenverhaltens eine erhebliche Heterogenität beobachtet werden. Deutschland, Spanien...
Persistent link: https://www.econbiz.de/10003209419