The rapidly aging populations of many developed countries--most notably Japan and member countries of the European Union--present obvious problems for the public pension plans of these countries. Not only will there be disproportionately fewer workers making pension contributions than there are...

Intro -- Contents -- List of Figures -- List of Tables -- CESifo Book Series in Economic Policy -- Acknowledgments -- Introduction -- 1 Demography -- 2 Public Support for the Old -- 3 Public Support for Families and Children -- 4 Child-Related Elements in Public Pension Schemes -- 5 Life-cycle...

We compare employment rates of mothers and childless women over the life course across the birth cohorts from 1940 to 1979 in Austria. By following synthetic cohorts of mothers and childless women up to retirement age, we are able to study both short-term and long-term consequences of having a...