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Higher fertility slowly increases the workers-to-retirees ratio over the long run, which can ease the pension financing …-productivity profiles and pension systems can explain the exception. Fertility-promoting policies will always ease the public finance …
Persistent link: https://www.econbiz.de/10012813390
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
We assess the impact of continued low fertility in China, versus a rebound in fertility due to the relaxation of the …), income per capita is lower with a fertility rebound due primarily to a higher youth dependency rate. In the long run, higher … fertility leads to a reduction in the old-age dependency ratio and lowers the tax rate required to pay for old-age pensions and …
Persistent link: https://www.econbiz.de/10012950124
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
In this paper I use a multi-period OLG model to study how a demographic shock is distributed among different generations. In particular, I investigate whether a funded pension system allows for a smoother adjustment than an unfunded system. The results suggest that the answer to this question...
Persistent link: https://www.econbiz.de/10010341066
Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from … the final effects to the assumed target value and path of increased fertility. Since our study tries to quantify the … fiscal effects depend on the patterns of increased fertility. …
Persistent link: https://www.econbiz.de/10011993212
Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from … the final effects to the assumed target value and path of increased fertility. Since our study tries to quantify the … fiscal effects depend on the patterns of increased fertility. …
Persistent link: https://www.econbiz.de/10011997755
This paper examines the causal effects of a major change in the German parental leave benefits on fertility. I use the …
Persistent link: https://www.econbiz.de/10011280834
involved in the legislative process), we show that an expansion in the welfare state increases the fertility, marriage, and … formation. Nevertheless, we also find that the welfare state decouples marriage and fertility, and therefore, alters the …
Persistent link: https://www.econbiz.de/10011345865
This paper investigates the role of childcare provided by grandparents for the fertility decisions of their offspring …-bearing years increases by about five percent the number of children. We show that the fertility effects of delayed retirement are … lowest low fertility we conclude that pension reforms may have had unintended inter-generational effects. This conclusion is …
Persistent link: https://www.econbiz.de/10010337410