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Public debt and fertility are two issues of major concern in the current economic policy debate, especially in countries with below-replacement-fertility and large debt (which appears further enlarged as a consequence of the recent world financial distress 2008–2009). In this paper we show...
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Since little attention has been paid to the effects of the regulation of wages on individuals' fertility choice, this paper investigates such effects within a standard OLG model of neoclassical growth. Some new results, so far escaped closer scrutiny by the increasing literature investigating...
Persistent link: https://www.econbiz.de/10005466669
In this paper we link endogenous fertility, endogenous longevity, economic growth and public policies – represented by public health investments and child policies – in a basic overlapping generations model. We found that there even exist four equilibria, and thus low and high development...
Persistent link: https://www.econbiz.de/10008461739
We analyze tax policies in an intertemporal economy with endogenous fertility under critical-level utilitarianism, both from a positive and a normative standpoint. On the positive side, we analyze the effects of a change in the tax on capital income and on fertility, both separately and combined...
Persistent link: https://www.econbiz.de/10011056135
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In this paper we assess the role of direct monetary transfers to the benefit of households in raising children in a textbook Diamond (1965) style overlapping generations model. In particular, we examine how both the dynamics of capital and fertility of households are connected to a specific...
Persistent link: https://www.econbiz.de/10005769617
We examine the effects of child policies on both transitional dynamics and long-term demo-economic outcomes in an overlapping-generations neoclassical growth model à la Chakraborty (2004) extended with endogenous fertility under the assumption of weak altruism towards children. The government...
Persistent link: https://www.econbiz.de/10011110839
In this paper, we study a general equilibrium model with overlapping generations, endogenous fertility and public pensions. By assuming Cobb–Douglas technology and logarithmic preferences, we show that the introduction of a fertility-related component in the pay-as-you-go pension scheme may...
Persistent link: https://www.econbiz.de/10010993431