contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and … decrease fertility less. Finally, the effects of the social security tax on capital per worker are negative with mandatory …

aim not only of ensuring better benefits for older women but also of stimulating fertility. To address this question, a …

dependency ratio until the end of the century, assuming total fertility rates between 1.0 and 2.0 with constant and increasing …