Pensions with heterogenous individuals and endogenous fertility
نویسندگان
چکیده
منابع مشابه
Pensions with heterogenous individuals and endogenous fertility ∗
This paper studies the design of pension schemes in a society where fertility is endogenous and parents differ in their ability to raise children. In a world with perfect information, a pay-as-you-go social security system is characterized by equal pensions for all but different contributions which may or may not increase with the number of children. Additionally, fertility must be subsidized a...
متن کاملPensions with heterogenous individuals and endogenous fertility1
This paper studies the design of pension schemes in a society where fertility is endogenous and parents differ in their ability to raise children. In a world with perfect information, a pay-as-you-go social security system is characterized by equal pensions for all but different contributions which may or may not increase with the number of children. Additionally, fertility must be subsidized a...
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This paper studies the design of a pay-as-you-go social security system in an overlapping generations model where fertility is in part stochastic and in part determined through capital investment. If investments are publicly observable, pension benefits must be linked positively to the level of investment, and payroll taxes negatively to the number of children. The outcome is characterized by f...
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Depending on the design of the domestic pension system and the type of immigrants, voters will decide differently on immigration policy. In this paper, we investigate the voting outcome of three groups of heterogenous voters (skilled workers, unskilled workers, and retirees) under Beveridgian or Bismarckian pension systems which are either of the fixed contribution rate or the fixed replacement...
متن کاملPensions with endogenous and stochastic fertility1
This paper studies the design of a pay-as-you-go social security system in a society where fertility is in part stochastic and in part determined through capital investment. If parents’ investments in children are publicly observable, pension benefits must be linked positively to the the level of investment, and payroll taxes negatively to the number of children. The outcome is characterized by...
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ژورنال
عنوان ژورنال: Journal of Population Economics
سال: 2006
ISSN: 0933-1433,1432-1475
DOI: 10.1007/s00148-006-0114-7