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The aim of the paper is to investigate how child allowances affect population growth and pension benefits of pay-as-you-go (PAYG) pension systems in small open and closed economies. We apply an overlapping-generations (OLG) model in its canonical form, where we consider endogenous fertility and...
Persistent link: https://www.econbiz.de/10013199629
Persistent link: https://www.econbiz.de/10011942659
Persistent link: https://www.econbiz.de/10012110989
The aim of the paper is to investigate how child allowances affect population growth and pension benefits of pay-as-you-go (PAYG) pension systems in small open and closed economies. We apply an overlapping-generations (OLG) model in its canonical form, where we consider endogenous fertility and...
Persistent link: https://www.econbiz.de/10012132048
Persistent link: https://www.econbiz.de/10011708932