Meier, Volker und Wrede, Matthias
(2005):
Pension, fertility, and education.
CESifo Working Paper,
There is a more recent version of this item available.
External fulltext: http://hdl.handle.net/10419/18985
Abstract
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.
| Item Type: | Paper |
|---|---|
| Faculties: | Economics Economics > Chairs > Chair for Public Economics |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| Item ID: | 19196 |
| Date Deposited: | 15. Apr 2014 08:49 |
| Last Modified: | 29. Apr 2016 09:16 |
Available Versions of this Item
- Pension, fertility, and education. (deposited 15. Apr 2014 08:49) [Currently Displayed]
Actions (login required)
- View Item
