their children. According to another, such negotiations are made unnecessary by self-enforcing family rules. Fertility … working-age people to man the physical capital and materially take care of the elderly. The link between fertility- and aging …

critical for understanding the relationship between aggregate fertility and household savings. First, we document that parents … perceive children as an important source of old-age support and that, in partial equilibrium (PE), increased fertility lowers … aggregate fertility on household savings …

fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation …

I study how retirement delays in one generation affect fertility in the subsequent generation. I use administrative …- lay retirement while exempting those born earlier. I find that this reduced fertility among women with reform … argue that the fertility reduction is driven by reduced grandparental child care supply. My results suggest that delaying …

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

dependency ratio until the end of the century, assuming total fertility rates between 1.0 and 2.0 with constant and increasing …

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 …