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prevalent. There are two features to the model: first, children contribute in an economic sense through child labour and through … conflicts with children's labour contributions. …This paper examines human capital investment in rural households of developing countries, where child labour is …
Persistent link: https://www.econbiz.de/10005775649
In his seminal model (Feldstein, 1985), the government operates a social security system to counter the representative worker's myopia. (i) For a complete myope, he determined a sizable optimal tax rate (and the corresponding benefit level). (ii) For a partially shortsighted worker, he...
Persistent link: https://www.econbiz.de/10011757069
In this paper, we test the conventional wisdom in developing countries of 'more children, more happiness' by exploiting … square and two-stage least square methods find that more children can enhance elderly parents’ subjective well-being (SWB …) measured with either life satisfaction or depression mood. The effect is channelled by raising their satisfaction with children …
Persistent link: https://www.econbiz.de/10012152172
In his seminal model (Feldstein, 1985), the government operates a social security system to counter the representative worker's myopia. (i) For a complete myope, he determined a sizable optimal tax rate (and the corresponding benefit level). (ii) For a partially shortsighted worker, he...
Persistent link: https://www.econbiz.de/10011944919
Estimating saving and fertility simultaneously by the VAR method, we find that social security cover has a positive effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was tested, social security is thus good for growth. A...
Persistent link: https://www.econbiz.de/10013321181
We consider three transfer models with a representative individual who discounts the utility of the merit good with respect to the standard one's. In each model, a paternalistic government taxes the consumer and transfers him additional merit goods in return. The private purchase of the merit...
Persistent link: https://www.econbiz.de/10011628049
The present paper discusses issues of challenges of social security systems in Sudan. Following parameters advanced by ILO and UNCOSOC, those systems are analyzed. The conclusions focus on their applicability that faces axial difficulties mainly presented in the state of institutional...
Persistent link: https://www.econbiz.de/10014187935
. We find that subsidies to the costs of children expand the set of equilibria, making social security viable where it …
Persistent link: https://www.econbiz.de/10005123867
health personnel catering to the health needs of the children. It will be easier to bring about the needed improvement in the …
Persistent link: https://www.econbiz.de/10005537346
children as old-age economic security, discouraging fertility. In particular, this fact may explain the contemporaneity of the …
Persistent link: https://www.econbiz.de/10005622100