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their children. According to another, such negotiations are made unnecessary by self-enforcing family rules. Fertility … working-age people to man the physical capital and materially take care of the elderly. The link between fertility- and aging …
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In this paper we consider an overlapping generations model with endogenous fertility and two-sided altruism and show …, fertility and savings decisions, and on Pareto optimality of equilibrium allocation. We show that the learning equilibrium …
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This paper analyzes the effect of public pension system on lifespan and happiness level using optimal longevity model. This paper found the following. Public pension system can make life expectancy longer, however, the extension of lifespan caused by the public pension, not by own decision,...
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