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...

The paper consists of three parts. The first part presents empirical results on the economic situation among Japanese households with children. The second part compares and analyzes cross-national micro-data on households with children. And, lastly, I discuss attitudes toward child-rearing...

"Beginning in the mid-1960s, many state governments, particularly in the South and West, began to subsidize kindergartens for the first time. These initiatives generated wide variation across states over time in the supply of seats for five year olds in public schools. This paper uses the...