In this paper we analyzed a model of endogenous fertility in presence of financial market assets and social security … pensions. Given the children externality and in the absence of corrective policy, the fertility rate chosen in market economy …

social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … fertility and the elderly labor supply in the economy as a whole. It shows that governments can realize the first …

Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … which a public pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension … system on fertility works via the impact of contributions in such a system on disposable income as well as via the impact on …

The old-age security motive for fertility postulates that people's needs for old-age support raise the demand for …-reform pensions and dfferences in exposure across cohorts, we show that pensions substantially reduce fertility, especially in late … suggest that improving social protection for the elderly could go a long way in fostering fertility decline in Sub …

fertility. The model is a three-period CGE framework where the design of the education system and effects on factor prices are … individuals in the small open economy are unaffected by fertility fluctuations. …

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 …, the negative effect of social security on fertility tends to erode the system's own contributory base, because it reduces …

The old-age security motive for fertility postulates that people's needs for old-age support raise the demand for …-reform pensions and differences in exposure across cohorts, we show that pensions substantially reduce fertility, especially in late … suggest that improving social protection for the elderly could go a long way in fostering fertility decline in Sub …

Economists have long argued that introducing social insurance will reduce fertility. The hypothesis relies on standard … classes of workers, and because fertility in Germany in this period was still relatively high. Focusing on the state of … Prussia, we estimate differences-in-differences models that ask whether marriage and marital fertility reacted to the …