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 …

The old-age security motive for fertility postulates that people's needs for old-age support raise the demand for …-reform pensions and dfferences 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 …

We examine how child-allowance policies with pay-as-you-go systems affect fertility and growth rates. A current method … fertility rate but decreases the growth rate. This study also demonstrates that when a government initiates a child …-allowance policy using some part of the pension budget, the fertility rate declines in aging economies. …

children as old-age economic security, discouraging fertility. In particular, this fact may explain the contemporaneity of the … political economy research these effects have been ignored, as the fertility choice is usually considered exogenous. This paper … pension systems, because as the family structure becomes weaker the fertility decreases, thus reducing the profitability of …

capital, endogenous fertility and positive spillovers from average human capital. Such spillovers reduce human capital … investment but raise fertility from their social optimum. We first characterize the social optimum with a non-convex feasible set …

In this paper we investigate long-run optimal social security and public health and their effects on fertility … plausible conditions, social security and public health reduce fertility and raise longevity, capital intensity and output per …

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 …