developing countries. This paper presents a theoretical model which integrates micro-level decision making about fertility and …

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 …

The old-age security motive for fertility postulates that people's needs for old-age support raise the demand for …-reform pensions and dfferences in exposure across cohorts, we show that pensions substantially reduce fertility, especially in late … suggest that improving social protection for the elderly could go a long way in fostering fertility decline in Sub …

children's fertility. We use representative panel data from Germany to link observations on parents and adult children. We … retirement affects only the timing of adult children's fertility, without having an effect on total fertility …

We set up an overlapping generations model with endogenous fertility to study pensions policies in an ageing economy … have negative effects on the fertility rate, thus exacerbating population ageing …

Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension system on … fertility works via the impact of contributions in such a system on disposable income as well as via the impact on future …

fertility. What type of model is consistent with this finding? We explore this question using two models of fertility, the one … them with old age transfers. The effect of increases in government provided pensions on fertility in the Barro and Becker … model is very small, and inconsistent with the empirical findings. The effect on fertility in the Boldrin and Jones model is …