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Optimal higher education enrollment and productivity externalities in a two-sector model

Meier, Volker; Schiopu, Ioana Cosmina - 2012

We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each sector works with only one type of labor, skilled or unskilled, and individuals are differentiated according to their cost of acquiring human capital. Both sectors exhibit...

Persistent link: https://www.econbiz.de/10009570881

Pensions and fertility incentives

Fenge, Robert; Meier, Volker - 2003

fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation. …

Persistent link: https://www.econbiz.de/10011506226

Daddy months

Meier, Volker; Rainer, Helmut - 2014

We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...

Persistent link: https://www.econbiz.de/10010422205

Are family allowances and fertility-related pensions siamese twins?

Fenge, Robert; Meier, Volker - 2004

-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an …

Persistent link: https://www.econbiz.de/10011402545

Political economy of redistribution between traditional and modern families

Meier, Volker; Rablen, Matthew D. - 2019

We analyse a model in which families may either be “traditional” single-earner with caring for the child at home or “modern” double-earner households using market child care. Family policies may favour either the one or the other group, like market care subsidies vs. cash for care....

Persistent link: https://www.econbiz.de/10012024392

Pension, fertility, and education

Meier, Volker (contributor); Wrede, Matthias (contributor) - 2005

human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and … displays both a benefit contingent on the contributions of children and a purely fertility-related component. …

Persistent link: https://www.econbiz.de/10003113341

Modes of child care

Glomm, Gerhard; Meier, Volker - 2016

We model choices between caring for an infant at home or through some market provision of child care. Maternal labor supply necessitates child care purchased in the market. Households are distinguished along three dimensions: (i) Exogenous income, (ii) the wage rate of the primary care giver and...

Persistent link: https://www.econbiz.de/10011587881

Why academic quality in higher education declines

Meier, Volker; Schiopu, Ioana Cosmina - 2015

We investigate the choice of quality, or academic content, in higher education in a two-sector model. Individuals are differentiated according to their cost of acquiring human capital. A higher academic quality increases productivity upon training, but is also associated with higher cost of...

Persistent link: https://www.econbiz.de/10011309225

Social security systems, human capital, and growth in a small open economy

Kaganovič, Michail I.; Meier, Volker - 2008

We consider a small open economy in which the level of public education funding is determined by popular vote. We show that growth can be enhanced by the introduction of pay-as-you-go pensions even if the growth rate of aggregate wages falls short of the interest rate. The reason is that the...

Persistent link: https://www.econbiz.de/10003803501

Ageing and the welfare state : securing sustainability

Meier, Volker; Werding, Martin - 2010

Over the next four decades, increasing old-age dependency ratios exert an enormous upward pressure on welfare spending in most developed countries. As this is mainly due to existing unfunded public pension schemes, many countries have embarked on far-reaching reforms in this area, strengthening...

Persistent link: https://www.econbiz.de/10003928767