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Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10003936144
Lower fertility can translate into a more male-biased sex ratio if son preference is persistent and technology for sex … an Indian scheme, Devirupak, that seeks to decrease both fertility and the sex ratio at birth. First, I construct a model …
Persistent link: https://www.econbiz.de/10010258158
We study the effects of the cancellation of a sizeable child benefit in Spain on birth timing and neonatal health. In May 2010, the government announced that a 2,500-euro universal "baby bonus" would stop being paid to babies born on or after January 1st, 2011. We use detailed micro data from...
Persistent link: https://www.econbiz.de/10010248828
benefits on fertility. While generally the reform increased child benefits, the exact amount of the increase varied … substantially by household income and sibship size. We use these heterogeneities to identify their causal effects on fertility in a … positive fertility effects for higher as opposed to lower income couples deciding on a second birth. …
Persistent link: https://www.econbiz.de/10011525918
agree on wanting a child. Using newly available data on fertility preferences and outcomes, we show that indeed, babies are … bargaining model of fertility choice and match the model to data from a set of European countries with very low fertility rates …. The distribution of the burden of child care between mothers and fathers turns out to be a key determinant of fertility. A …
Persistent link: https://www.econbiz.de/10011454419
fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation. …
Persistent link: https://www.econbiz.de/10011506226
fertility. Generally, the reform increased child benefits. However, the exact amount of the increase varied by household income … and sibship size. We use this heterogeneity of the reform to identify causal effects on fertility using a difference … child benefit reform did not yield robust or statistically significant fertility effects for low income couples. We find …
Persistent link: https://www.econbiz.de/10011447135
In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …
Persistent link: https://www.econbiz.de/10010388733
Persistent link: https://www.econbiz.de/10012612698