Showing 1 - 10 of 67,544
security various private insurance schemes to explore fertility and the effects of various variables on it. In the private … introduction of the public system will lower the incentive to have children, i.e. the fertility will be lower. This is an important …, opposite to common beliefs, there is a positive relationship between ageing and fertility if we control for the key …
Persistent link: https://www.econbiz.de/10005537249
We study the effects of aging population on the sustainability of fiscal policy in overlapping generations models with government debt and a pay-as-you-go pension system.The smaller the population growth rate, the lower the maximum sustainable level of deficits. When the utility function is of a...
Persistent link: https://www.econbiz.de/10012147955
We study the effects of aging population on the sustainability of fiscal policy in overlapping generations models with government debt and a pay-as-you-go pension system. The smaller the population growth rate, the lower the maximum sustainable level of deficits. When the utility function is of...
Persistent link: https://www.econbiz.de/10005190757
endogenous fertility wherein children are valued both as consumption and investment goods. Our focus is strictly on the pension …
Persistent link: https://www.econbiz.de/10011123991
fertility wherein children are valued both as consumption and investment goods. Our focus is strictly on the pension dimension …
Persistent link: https://www.econbiz.de/10010841130
fertility wherein children are valued both as consumption and investment goods. Our focus is strictly on the pension dimension …
Persistent link: https://www.econbiz.de/10011143810
The purpose of this study is to explore the effects of exogenous social security system parameters on welfare. The set up is an overlapping generations economy, with skills heterogeneity, which distinguishes consumers between high and low skilled. The lowskilled receive an extra supplement...
Persistent link: https://www.econbiz.de/10011778730
Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from … the final effects to the assumed target value and path of increased fertility. Since our study tries to quantify the … fiscal effects depend on the patterns of increased fertility. …
Persistent link: https://www.econbiz.de/10011993212
Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from … the final effects to the assumed target value and path of increased fertility. Since our study tries to quantify the … fiscal effects depend on the patterns of increased fertility. …
Persistent link: https://www.econbiz.de/10011997755
Phelpsís (1961) Golden Rule states an unambiguous relationship between optimal capital intensity and fertility: a rise … in fertility decreases the optimal capital intensity, because a higher fertility increases the investment required to … having distinct fertility behaviors. We derive the optimal accumulation rule in that framework, and we show that, unlike what …
Persistent link: https://www.econbiz.de/10013365108