Fertility, intra-generational redistribution and social security sustainability
Fertility, intra-generational redistribution and social security sustainability
复制标题
生育率、代内再分配和社会保障可持续性
DOI:
10.1111/caje.12069
复制
发表时间:
2014
期刊:
影响因子:
--
通讯作者:
Akira
中科院分区:
文献类型:
--
作者:
Hirazawa;Makoto;Kitaura;Koji and Yakita;Akira
Incorporating heterogeneity in preference to having children into an overlapping generations model of a small open economy, we examine the effects of changes in the size of pay‐as‐you‐go (PAYG) social security on fertility choices of individuals and population growth of the economy. It is shown that PAYG social security will raise population growth by increasing the number of individuals who have children and the number of children parents have if the system involves redistribution between retirees with different contributions, whereas, if it has no redistribution, PAYG social security does not affect the fertility decisions of individuals.