Arbeitspapier
Pension, fertility, and education
A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and education, we discuss internalization policies associated with child benefits in the pension formula. The second-best scheme displays both a benefit contingent on the contributions of children and a purely fertility-related component.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1521
- Klassifikation
-
Wirtschaft
Social Security and Public Pensions
Fertility; Family Planning; Child Care; Children; Youth
Demographic Economics: Public Policy
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Thema
-
pay-as-you-go
fertility
human capital
externalities
Gesetzliche Rentenversicherung
Umlageverfahren
Externer Effekt
Fruchtbarkeit
Bildungsinvestition
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Meier, Volker
Wrede, Matthias
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Meier, Volker
- Wrede, Matthias
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2005