This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement choices necessarily coincide with socially optimal...

Child poverty remains staggeringly high. One in five children live on less than $1.90 a day and children are more than twice as likely to be living in extreme income poverty compared with adults. Despite clear evidence of the effectiveness of well-designed social protection in tackling child...