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Estimating saving and fertility simultaneously by the VAR method, we find that social security coverage 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/10005582213
There is evidence that fertility is positively correlated with infant mortality, and that a child`s chance of surviving to maturity increases with the level of nutrition, medical care, etc. received in the early stages of life. By modelling parental decisions as a problem of choice under...
Persistent link: https://www.econbiz.de/10005622226
Persistent link: https://www.econbiz.de/10005622345
A Beveridgean pension scheme invariably introduces a wedge between the wage rate and the marginal take-home pay. A Bis- marckian one can do so only if it is not actuarially fair, or in the presence of credit rationing. Interestingly, if the two possible sources of distortion are present at the...
Persistent link: https://www.econbiz.de/10005650199
The causes and consequences of child labour are examined theoretically and empirically within a household decision framework, with endogenous fertility and mortality. The data come from a nationally representative survey of Indian rural households. The complex interactions uncovered by the...
Persistent link: https://www.econbiz.de/10005700866
Persistent link: https://www.econbiz.de/10010627022
Children throughout the world are engaged in a great number of activities classifiable as work. These range from relatively harmless, even laudable, activities like helping parents in their domestic chores, to morally and physically dangerous ones like soldiering and prostitution. If we leave...
Persistent link: https://www.econbiz.de/10008917883
As credit and insurance markets are imperfect, and given that intra-family transfers, and the way a child uses her time outside school hours, are private information, the second-best policy makes school enrollment compulsory, forces overt child labour below its efficient level (if positive), and...
Persistent link: https://www.econbiz.de/10009001091
The motivation for this symposium was the view that the problems of taxation of the family are very important, indeed central, for income tax policy, but are relatively neglected in theoretical public economics. We hope that this collection will stimulate interest and further work in this area....
Persistent link: https://www.econbiz.de/10009148113
Given that a child's birth and lifetime earning capacity are the result of actions undertaken by the child's own parents, if the government has an interest in the welfare or tax-paying capacity of its future citizens, it has no option but to condition the decisions of its present citizens....
Persistent link: https://www.econbiz.de/10009148117