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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
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
the fertility and marital behavior in Germany, until recently a lowest-low fertility setting. We find that exposure to … greater import competition from Eastern Europe led to worse labor market outcomes and lower fertility rates. In contrast …, workers in industries that benefited from increased exports had better employment prospects and higher fertility. These …
Persistent link: https://www.econbiz.de/10013334338
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
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
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
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