In:
Journal of Pension Economics and Finance, Cambridge University Press (CUP), Vol. 9, No. 1 ( 2010-01), p. 75-93
Kurzfassung:
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.
Materialart:
Online-Ressource
ISSN:
1474-7472
,
1475-3022
DOI:
10.1017/S147474720800365X
Sprache:
Englisch
Verlag:
Cambridge University Press (CUP)
Publikationsdatum:
2010
ZDB Id:
2079705-9
SSG:
3,4