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Pension, fertility, and education

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dc.creator Meier, Volker
dc.creator Wrede, Matthias
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:19Z
dc.date.available 2013-10-16T07:02:19Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18985
dc.identifier ppn:500540691
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18985
dc.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.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1521
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H55
dc.subject J13
dc.subject J18
dc.subject H23
dc.subject ddc:330
dc.subject pay-as-you-go
dc.subject fertility
dc.subject human capital
dc.subject externalities
dc.subject Gesetzliche Rentenversicherung
dc.subject Umlageverfahren
dc.subject Externer Effekt
dc.subject Fruchtbarkeit
dc.subject Bildungsinvestition
dc.subject Theorie
dc.title Pension, fertility, and education
dc.type doc-type:workingPaper


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