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 …

Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … which a public pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension … system on fertility works via the impact of contributions in such a system on disposable income as well as via the impact on …

This paper studies the design of a pay-as-you-go social security system in a society where fertility is in part … children. The second-best level of investment in children, and the resulting average fertility rate, are less than their …

The old-age security motive for fertility postulates that people's needs for old-age support raise the demand for …-reform pensions and differences in exposure across cohorts, we show that pensions substantially reduce fertility, especially in late … suggest that improving social protection for the elderly could go a long way in fostering fertility decline in Sub …

Estimating saving and fertility simultaneously by the VAR method, we find that social security cover has a positive … effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was …, the negative effect of social security on fertility tends to erode the system's own contributory base, because it reduces …

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 …

fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a decline …

fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a …