Showing 1 - 10 of 2,260
We set up an overlapping generations model with endogenous fertility to study pensions policies in an ageing economy … have negative effects on the fertility rate, thus exacerbating population ageing …
Persistent link: https://www.econbiz.de/10012919500
We study an OLG model with child policies and a PAYG pension with endogenous retirement and fertility. The result of … of labor in old age. Fertility should be taxed or incentivized depending on whether there is full or partial retirement …
Persistent link: https://www.econbiz.de/10014356045
In this paper we consider the effects of population aging on a pay-as-you-go financed defined contributions pension scheme. We show that when retirement decisions are endogenous, aging increases the retirement age and the steady state level of capital. The effect on pension payouts is in general...
Persistent link: https://www.econbiz.de/10012989833
generations model. Firstly, we consider a setting with exogenous fertility and then a model with endogenous fertility. In both … cases, population ageing due to increased longevity implies a reduction in pensions payouts …
Persistent link: https://www.econbiz.de/10013087869
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
This study identifies the causal effect of pension generosity on women's fertility behavior. It capitalizes on Brazil … age by 10% in the short-run. Completed fertility declines by 1.3 children within 20 years after the reform, reducing the … contribution base of the Pay-As-You-Go pension system in the long-run. The fertility response is strongest at higher birth parities …
Persistent link: https://www.econbiz.de/10012838499
This paper investigates whether and to what extent demographic change has an impact on human capital accumulation. The effect of the relative cohort size on educational attainment of young adults in Germany is analyzed utilizing data from the German Socio-Economic Panel for West-German...
Persistent link: https://www.econbiz.de/10013159508
This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...
Persistent link: https://www.econbiz.de/10013159749
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 …
Persistent link: https://www.econbiz.de/10012870250
-optimization model with sharecropping, endogenous fertility and status seeking. We show that tenant farming is the major obstacle to … escaping the Malthusian trap with high fertility and low productivity. A land reform provides peasant families higher returns … decreases fertility and increases productivity in agriculture in the short and long runs. The European demographic history …
Persistent link: https://www.econbiz.de/10013055912