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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 …
Persistent link: https://www.econbiz.de/10012102437
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 …
Persistent link: https://www.econbiz.de/10013321181
Persistent link: https://www.econbiz.de/10014249050
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 …
Persistent link: https://www.econbiz.de/10013251539
fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a decline …
Persistent link: https://www.econbiz.de/10011581624
fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a …
Persistent link: https://www.econbiz.de/10011585848
The means-testing of age pension programs allows governments to control the receipt of pension benefits (extensive margin) and the benefit level (intensive margin). We investigate how the presence of the extensive margin influences the trade-off between protecting the poorer elderly and the...
Persistent link: https://www.econbiz.de/10010939762
This paper proposes and assesses consistent multi-factor dynamic ane mortality models for longevity risk applications. The dynamics of the model produce closed-form expressions for survival curves. The framework includes an arbitrage free model specication. Importantly, the mortality model...
Persistent link: https://www.econbiz.de/10010551707
The Turkish social insurance system has been feverishly debated for years, particularly through its burden on the economy. The most recent reform is an attempt to neutralize the deterioration within the social security system and its effects on the economy. After the recent reform, ‘the way...
Persistent link: https://www.econbiz.de/10012930526
fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a decline …
Persistent link: https://www.econbiz.de/10011584677