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Optimal population growth and social security reform with heterogeneous agents

ABIO, G.; PATXOT, C. - Center for Operations Research and Econometrics (CORE), … - 2001

In this paper we propose a pension policy that would isolate the social security system from any financial crisis resulting from changes in population structure. This policy consists of linking social security benefits to the fertility behaviour of the individual. We present a theoretical...

Persistent link: https://www.econbiz.de/10005042821

Pensions with endogenous and stochastic fertility

CREMER, Helmuth; PESTIEAU, Pierre; GAHVARI, Firouz - Center for Operations Research and Econometrics (CORE), … - 2004

This paper studies the design of a pay-as-you-go social security system in a society where fertility is in part stochastic and in part determined through capital investment. If parents' investments in children are publicly observable, pension benefits must be linked positively to the the level...

Persistent link: https://www.econbiz.de/10005042990

Fertility, income and welfare in an OLG model with regulated wages

Fanti, Luciano; Gori, Luca - In: International Review of Economics 54 (2007) 4, pp. 405-427

Persistent link: https://www.econbiz.de/10004965803

Fertility and public debt

Luca, Fanti Luciano e Spataro - Dipartimento di Economia e Management, Università … - 2009

Public debt and fertility are two issues of major concern in the current debate about economic policy, especially in countries with below replacement fertility and large debt. In this paper we show that public debt is in general harmful for fertility, in that debt issuing almost ever crowds out...

Persistent link: https://www.econbiz.de/10005015202

Efficiency with Endogenous Population Growth

Golosov, Mikhail; Jones, Larry E. - Society for Economic Dynamics - SED - 2004

In this paper, we generalize the notion of Pareto-efficiency to make it applicable to environments with endogenous populations. Two different efficiency concepts are proposed, P-efficiency and A-efficiency. The two concepts differ in how they treat people that are not born. We show how these...

Persistent link: https://www.econbiz.de/10005090876

Subgame perfect manipulation of children by overlapping generations of agents with two-sided altruism and endogenous fertility

Raut, Lakshmi K. - EconWPA - 1996

In this paper we consider an overlapping generations model with endogenous fertility and two-sided altruism and show the limitations of applying commonly used open loop Nash equilibrium in characterizing equilibrium transfers from parents to children in the form of bequest, and transfers from...

Persistent link: https://www.econbiz.de/10005076531

Endogenous Fertility and the Design of Family Taxation

Balestrino, Alessandro; Cigno, Alessandro; Pettini, Anna - In: International Tax and Public Finance 9 (2002) 2, pp. 175-193

The paper innovates on the existing optimal taxation literature by taking fertility as endogenous, and allowing for households to be differentiated by their ability to raise children, as well as by their ability to raise income. In a context where the government cannot observe personal...

Persistent link: https://www.econbiz.de/10005068063

Fertility, Human Capital Accumulation, and the Pension System

Cremer, Helmuth; Gahvari, Firouz; Pestieau, Pierre - CESifo - 2009

This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as they relate to pension systems. It considers as overlapping generations model in which every generation consists of high earners and low earners with the proportion of types being...

Persistent link: https://www.econbiz.de/10005029262

Demopgraphic Resonse to Agricultural Reform - Long-run Effects on Consumption, Wages and Population Density

Horn af Rantzien, Mia - Economics Institute for Research (SIR), … - 1994

-lapping generations framework. "The poor" work the land and have children to provide for family labor and old age support. "Landlords …" only use hired labor and maximize profits. It is shown that a land reform in favor of poor peasants increases the market … a land- augmenting green revolution depend on its distributional characteristics. If directed towards landlords, such …

Persistent link: https://www.econbiz.de/10005649227

Consequences of Permanent Changes in Child Mortality on Parental Welfare and Population Density

Horn af Rantzien, Mia - Economics Institute for Research (SIR), … - 1994

, land-constrained economy. In a first step a perfectly foreseen rate of survival of children into adulthood is analyzed. It …

Persistent link: https://www.econbiz.de/10005649399