critical for understanding the relationship between aggregate fertility and household savings. First, we document that parents … household savings. Then, we construct an OLG model that parametrically matches the PE empirical evidence. Finally, we extend the … aggregate fertility on household savings …

critical for understanding the relationship between aggregate fertility and household savings. First, we document that parents … household savings. Then, we construct an OLG model that parametrically matches the PE empirical evidence. Finally, we extend the … aggregate fertility on household savings …

payments might be preferred to a system with pure tax deductions. -- savings incentives ; stochastic general equilibrium model …