| Meier, Volker; Wrede, Matthias (2010): Pensions, fertility, and education. In: Journal of Pension Economics and Finance, Vol. 9, No. 1: pp. 75-93 |
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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. Copyright
| Item Type: | Journal article |
|---|---|
| Faculties: | Economics Economics > Chairs > Chair for Public Economics |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| ID Code: | 19214 |
| Deposited On: | 15. Apr 2014 08:49 |
| Last Modified: | 04. Nov 2020 13:00 |
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Pension, fertility, and education. (deposited 15. Apr 2014 08:49)
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