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fertility behavior and productivity growth. They present theoretical arguments to the effect that public pension coverage as … such will reduce aggregate fertility and may raise aggregate household savings. They argue further that public pensions, as … the policies under discussion. Their policy proposals to address declines in fertility and productivity growth include the …
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An analysis of the effect of public pension schemes on a country's fertility rate and a proposal for policies to reform …
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We investigate the determinants of firms' implicit insurance to employees, using a difference-indifference approach: we rely on differences between family and non-family firms to identify the supply of insurance, and exploit variation in unemployment insurance across and within countries to...
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If unemployment insurance is more generous, workers should demand less implicit insurance from their employers: firm- and government-provided insurance should be substitutes. Using a firm-level international panel dataset, we investigate this hypothesis exploiting cross-country and time-series...
Persistent link: https://www.econbiz.de/10012972979
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