Arbeitspapier
Savings, Child Support, Pensions and Endogenous (and Heterogeneous) Fertility
van Groezen, Leers and Meijdam (2003) (for short, GLM) analyzed combination of public pension and child support in an OLG model. We impose credit constraint on workers, and extend GLM's analysis from the case where workers do not understand the cost also to the case where they do. GLM's infinite stream of generations is simplified into three generations but heterogeneity of rearing costs and of enjoying children is introduced. Two major results: (i) excluding negative savings, fertility decreases with pension contributions and increases with taxes; (ii) the introduction of fertility-dependent pensions may strengthen heterogeneity in fertility.
- ISBN
-
978-615-5243-95-0
- Sprache
-
Englisch
- Erschienen in
-
Series: IEHAS Discussion Papers ; No. MT-DP - 2013/35
- Klassifikation
-
Wirtschaft
Household Behavior: General
Social Security and Public Pensions
Fertility; Family Planning; Child Care; Children; Youth
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Demographic Economics: Public Policy
Retirement; Retirement Policies
- Thema
-
Child support
Endogenous fertility
Overlapping generations
Pensions
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Simonovits, András
- Ereignis
-
Veröffentlichung
- (wer)
-
Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
- (wo)
-
Budapest
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Simonovits, András
- Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
Entstanden
- 2013