Social security tends to be unsustainable in nature. It reduces individuals'' demand for children as a measure to support their lifestyle during old age, which in turn undermines the financial basis of social security. Using a simple overlapping generations model with endogenous fertility and income transfer from children to parents, we discuss the maximum size of a pay-as-you-go social security program that can prevent a cumulative reduction of fertility and make a program sustainable. We also show that a child-care allowance raises the maximum size of the program and raises an individual''s lifetime utility
This paper examines how social security reform and childcare support affect fertility and social wel...
Although the optimal policy under endogenous fertility has been widely studied, the optimal public i...
In this paper we analyzed a model of endogenous fertility in presence of financial market assets and...
Social security tends to be unsustainable in nature in that it reduces individuals' demand for child...
Social security tends to be unsustainable in nature in that it reduces individuals’ demand for child...
This paper analyses the eeffects of ageing and child support in a model with endogenous fertility an...
In this Paper, we study the role of subsidies to fertility in ensuring the political viability of un...
In this paper we propose a pension policy that would isolate the social security system from any fin...
This paper studies the design of a pay-as-you-go social security system in an overlapping generation...
Based on a simple overlapping generations model with endogenous fertility, we show that the effectiv...
Population growth rate matters for determining the optimal amount of capital in the context of dynam...
This paper studies the effects of a fully funded social security reform with endogenous fertility in...
We analyze optimal social security in a two-period overlapping generations model with endogenous ret...
ABSTRACT: Some earlier papers examine whether child allowances can raise fertility or not in an endo...
This paper examines how social security reform and childcare support affect fertility and social wel...
This paper examines how social security reform and childcare support affect fertility and social wel...
Although the optimal policy under endogenous fertility has been widely studied, the optimal public i...
In this paper we analyzed a model of endogenous fertility in presence of financial market assets and...
Social security tends to be unsustainable in nature in that it reduces individuals' demand for child...
Social security tends to be unsustainable in nature in that it reduces individuals’ demand for child...
This paper analyses the eeffects of ageing and child support in a model with endogenous fertility an...
In this Paper, we study the role of subsidies to fertility in ensuring the political viability of un...
In this paper we propose a pension policy that would isolate the social security system from any fin...
This paper studies the design of a pay-as-you-go social security system in an overlapping generation...
Based on a simple overlapping generations model with endogenous fertility, we show that the effectiv...
Population growth rate matters for determining the optimal amount of capital in the context of dynam...
This paper studies the effects of a fully funded social security reform with endogenous fertility in...
We analyze optimal social security in a two-period overlapping generations model with endogenous ret...
ABSTRACT: Some earlier papers examine whether child allowances can raise fertility or not in an endo...
This paper examines how social security reform and childcare support affect fertility and social wel...
This paper examines how social security reform and childcare support affect fertility and social wel...
Although the optimal policy under endogenous fertility has been widely studied, the optimal public i...
In this paper we analyzed a model of endogenous fertility in presence of financial market assets and...