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Demographic Changes and Economic Growth : an Empirical Analysis

Narciso, Alexandre - 2016

In this paper, we examine the overall effect of demographic transition on economic growth in the context of globalization. Theoretical foundations are based on the Solow–Swan model extended to include demographic variables. The GDP growth is modeled by using fixed effects unbalanced panel data...

Persistent link: https://www.econbiz.de/10012984627

Family Economics Writ Large

Greenwood, Jeremy - 2019

fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a …

Persistent link: https://www.econbiz.de/10013210468

Sustainable social security : four options

Kitao, Sagiri - 2011

This paper presents four policy options to make Social Security sustainable under the coming demographic shift: 1) increase payroll taxes by 6 percentage points, 2) reduce the replacement rates of the benefit formula by one-third, 3) raise the normal retirement age from sixty-six to...

Persistent link: https://www.econbiz.de/10009266746

Inclusive Social Policy and the Promise of FDI in Africa : Human Security Imperatives

Ola-David, Oluyomi - 2014

This study underscores the essence of national social protection policies, in promoting investments that further the objectives of poverty reduction, as well as social inclusion. It provides answers and directions to the following questions: What are the contrasting impacts of foreign direct...

Persistent link: https://www.econbiz.de/10013046266

Labor Supply Elasticity and Social Security Reform

Imrohoroglu, Selahattin - 2009

Previous literature on social security reform has used a variety of period utility functions and calibrated values for the intertemporal elasticity of substitution (IES) in labor. In this paper, we extensively study various preferences and values for IES in a general equilibrium model with...

Persistent link: https://www.econbiz.de/10012720495

Is Altruism Important for Understanding the Long-Run Effects of Social Security?

Fuster, Luisa - In: Review of Economic Dynamics 2 (1999) 3, pp. 616-637

This paper quantifies the effects of social security on capital accumulation and wealth distribution in a life-cycle framework with altruistic individuals. The main findings of this paper are that the current U.S. social security system has a significant impact on capital accumulation and wealth...

Persistent link: https://www.econbiz.de/10005085591

Labor Supply and Government Programs: A Cross-Country Analysis

Erosa, Andres; Fuster, Luisa; Kambourov, Gueorgui - University of Toronto, Department of Economics - 2011

There are substantial cross-country differences in labor supply late in the life cycle (age 50+). A theory of labor supply and retirement decisions is developed to quantitatively assess the role of social security, disability insurance, and taxation for understanding differences in labor supply...

Persistent link: https://www.econbiz.de/10009369457

Labor supply and government programs: A cross-country analysis

Erosa, Andrés; Fuster, Luisa; Kambourov, Gueorgui - In: Journal of Monetary Economics 59 (2012) 1, pp. 84-107

Persistent link: https://www.econbiz.de/10010597227

Is there still son preference in the United States?

Blau, Francine D.; Kahn, Lawrence M.; Brummund, Peter; … - 2017

headship and raised fertility. In light of the substantial increase in immigration, we examine this question separately for … lower fertility. Thus, by the 2008-2013 period, any apparent son preference among natives in their fertility decisions …, we do find a positive fertility effect, suggesting son preference in fertility among this group. This interpretation is …

Persistent link: https://www.econbiz.de/10011731996

Demography and Provisions for Retirement: The Pension Composition, an Equilibrium Approach

van Praag, Bernard M. S.; Hop, J. Peter - 2018

Pensions may be provided for in a modern society by several methods, viz., voluntary individual savings, mandatory fully funded occupational pension systems, and mandatory social security financed by pay-as-you-go. The specific mixture of the three systems we will call the pension composition....

Persistent link: https://www.econbiz.de/10011932330