Fanti, Luciano; Gori, Luca - In: Journal of Population Economics 26 (2013) 3, pp. 1209-1232
In this paper, we study a general equilibrium model with overlapping generations, endogenous fertility and public pensions. By assuming Cobb–Douglas technology and logarithmic preferences, we show that the introduction of a fertility-related component in the pay-as-you-go pension scheme may...