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not, but contrast sharply with the predictions of more conventional models. …
Persistent link: https://www.econbiz.de/10005762141
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10005518866
contrast sharply with the predictions of more conventional models. …
Persistent link: https://www.econbiz.de/10005518904
How can parents secure old-age support in the form of care, attention or financial transfers from their children? We explore the enforcement of implicit intergenerational agreements from a fresh angle by studying the possibility that the child's conduct is conditioned by the parents' example....
Persistent link: https://www.econbiz.de/10005102693
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10005051548
significantly increasing. A broad literature has studied this phenomenon, developing models that explain why pension systems exist … children as old-age economic security, discouraging fertility. In particular, this fact may explain the contemporaneity of the … political economy research these effects have been ignored, as the fertility choice is usually considered exogenous. This paper …
Persistent link: https://www.econbiz.de/10005622100
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. …
Persistent link: https://www.econbiz.de/10012180186
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. …
Persistent link: https://www.econbiz.de/10012227042
In this study, we used data from the Young Lives study, which investigates teenage childbearing, marriage, and cohabitation by tracking a cohort of individuals from the ages of 8 to 19 years. While the present analysis does not intend to establish causality, the longitudinal nature of the data...
Persistent link: https://www.econbiz.de/10011543962
Rural elderly have 40% of the income of those in urban areas, spend a larger share of their income on food, are in worse health, work later into their lives, and depend more on their children, lacking pensions and public services. The birth quota since 1980 has particularly restricted the...
Persistent link: https://www.econbiz.de/10011607918