Rizzo, Giuseppe (2009): Fertility and pension systems.
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A broad political economy literature explained the introduction and expansion of pension systems, but the effects caused by the endogenous reduction of fertility have been largely disregarded, as the fertility choice is usually considered exogenous. This paper suggests a model that takes into account this effects and analyzes the net effect of the breakdown of family ties on the dimension of pension systems. The empirical analysis support an inverted-U development pattern: a continuous and progressive weakening of family ties, after inducing the introduction of pension systems, tends to reduce, ceteris paribus, their political support.
|Item Type:||MPRA Paper|
|Original Title:||Fertility and pension systems|
|Keywords:||Family economics; Fertility; Political sustainability; Social security; Voting|
|Subjects:||J - Labor and Demographic Economics > J1 - Demographic Economics > J13 - Fertility; Family Planning; Child Care; Children; Youth
J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources; Human Development; Income Distribution; Migration
D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior
|Depositing User:||Giuseppe Rizzo|
|Date Deposited:||05. Feb 2009 03:21|
|Last Modified:||11. Feb 2013 17:13|
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