| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11146 |
| 来源ID | Working Paper 11146 |
| Fertility and Social Security | |
| Michele Boldrin; Mariacristina De Nardi; Larry E. Jones | |
| 发表日期 | 2005-02-21 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | The data show that an increase in government provided old-age pensions is strongly correlated with a reduction in fertility. What type of model is consistent with this finding? We explore this question using two models of fertility, the one by Barro and Becker (1989), and the one inspired by Caldwell and developed by Boldrin and Jones (2002). In the Barro and Becker model parents have children because they perceive their children's lives as a continuation of their own. In the Boldrin and Jones' framework parents procreate because the children care about their old parents' utility, and thus provide them with old age transfers. The effect of increases in government provided pensions on fertility in the Barro and Becker model is very small, and inconsistent with the empirical findings. The effect on fertility in the Boldrin and Jones model is sizeable and accounts for between 55 and 65% of the observed Europe-US fertility differences both across countries and across time and over 80% of the observed variation seen in a broad cross-section of countries. Another key factor affecting fertility the Boldrin and Jones model is the access to capital markets, which can account for the other half of the observed change in fertility in developed countries over the last 70 years. |
| 主题 | Macroeconomics ; Macroeconomic Models ; Labor Economics ; Demography and Aging ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w11146 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568783 |
| 推荐引用方式 GB/T 7714 | Michele Boldrin,Mariacristina De Nardi,Larry E. Jones. Fertility and Social Security. 2005. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w11146.pdf（600KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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