The world's population is aging. Virtually no nation is immune to this demographic trend and the challenges it brings … argues that those calling for reform have overstated the demographic challenges ahead. Reformers conclude that aging poses … our ability to care for an aging population in a progressive manner that will not put undue burdens on future workers …

The population of developing Asia, in particular East Asia, is aging. Funding the needs of its growing population of … older adults is the biggest socioeconomic challenge that aging presents for the region. The central objective of our paper … rise substantially because of population aging between 2025 and 2065. We find that labor income will play a smaller role in …

fertility. What type of model is consistent with this finding? We explore this question using two models of fertility: one by …-age transfers. The effect of increases in government provided pensions on fertility in the Barro and Becker model is very small …, whereas the effect on fertility in the Boldrin and Jones model is sizeable and accounts for between 55 and 65% of the observed …

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 … saving in the form of pension contributions tends to displace intra-family transfers, rather than asset formation. However …

pension systems, because as the family structure becomes weaker the fertility decreases, thus reducing the profitability of … they become the majority, the fertility rate may become too low, and the political support for the pension system may …In the last century, state pension systems have been introduced in most countries, and since then their size has been …

In this paper we investigate the impact of a reduction in the pension replacement rate on the schooling choice and on … we first show how many progressive pension systems are ex ante regressive due to the difference in life expectancy across … skill groups and, second, we derive the level of progressivity that restores an equal treatment of the pension system across …