In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of...

We study an OLG model with child policies and a PAYG pension with endogenous retirement and fertility. The result of the planned economy is compared to the decentralized competitive equilibrium deriving optimal policies. We show that in the presence of a PAYG pension system, the optimal policy...

This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement choices necessarily coincide with socially optimal...

In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of...

We present a model of endogenous aging with public expenditure on health and pensions financed by an income tax. We show that government policies on health and pensions might lift an economy from a low to a high income steady state. In particular, the impact of an increase in the income tax is...

Cover -- Occhiello -- Indice -- CAPITOLO 1 CONSUMO -- CAPITOLO 2 DOMANDA DI MERCATO, EQUILIBRIO, INFORMAZIONE ASIMMETRICA -- CAPITOLO 3 TECNOLOGIA, COSTI E OFFERTA DELL'INDUSTRIA -- CAPITOLO 4 MONOPOLIO, OLIGOPOLIO, TEORIA DEI GIOCHI -- CAPITOLO 5 SCAMBIO E PRODUZIONE