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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18985| Title: | Pension, fertility, and education |
| Keywords: | H55 J13 J18 H23 ddc:330 pay-as-you-go fertility human capital externalities Gesetzliche Rentenversicherung Umlageverfahren Externer Effekt Fruchtbarkeit Bildungsinvestition Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18985 |
| Other Identifiers: | http://hdl.handle.net/10419/18985 ppn:500540691 |
| Appears in Collections: | EconStor |
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