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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
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
-tiered demographic system. A group of “insiders” were able to marry, and experienced both high marital fertility and high infant and … child mortality. A second group, of “outsiders”, were prevented from marrying. Many, especially the males, left the … community; those who stayed contributed to growing illegitimacy and associated levels of infant and child mortality that were …
Persistent link: https://www.econbiz.de/10010877999
-tiered demographic system. A group of insiders were able to marry, and experienced both high marital fertility and high infant and child … mortality. A second group of outsiders were prevented from marrying. Many, especially the males, left the community; those who … stayed contributed to growing illegitimacy and associated levels of infant and child mortality that were even higher than for …
Persistent link: https://www.econbiz.de/10010369081
This paper studies the effect of parenthood timing on future wages. Using data from the German Socio-Economic Panel … (SOEP), we employ an instrumental variable approach to identify the causal effect of delaying parenthood on wages of mothers … and fathers. Consistent with previous studies, we provide evidence for a positive delaying effect on wages. We further …
Persistent link: https://www.econbiz.de/10009578758
This paper studies the effect of parenthood timing on future wages. Using data from the German Socio-Economic Panel … (SOEP), we employ an instrumental variable approach to identify the causal effect of delaying parenthood on wages of mothers … and fathers. Consistent with previous studies, we provide evidence for a positive delaying effect on wages. We further …
Persistent link: https://www.econbiz.de/10009580145
After the fall of the Berlin wall, the total fertility rate in East Germany tumbled from 1.7 (1989) to a stunning 0 … suggest that women postpone fertility when the wage penalty for time off work in the current period are high; and the … fertility decline and demonstrate that incentives in the labor market have a strong influence on fertility decisions. …
Persistent link: https://www.econbiz.de/10010486685