Fertility and Parental Retirement

Julius Ilciukas
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Julius Ilciukas: University of Amsterdam

No 22-021/V, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: I study how retirement delays in one generation affect fertility in the subsequent generation. I use administrative Dutch data and exploit the 2006 Dutch pension reform. The reform induced individuals born from January 1, 1950 onward to de- lay retirement while exempting those born earlier. I find that this reduced fertility among women with reform-affected mothers. The reduction is likely permanent and economically significant. I supplement my analysis with survey evidence and argue that the fertility reduction is driven by reduced grandparental child care supply. My results suggest that delaying retirement may undermine the goal of balancing pension systems through a resulting fertility reduction.

JEL-codes: H55 J13 J22 (search for similar items in EconPapers)
Date: 2022-03-02
New Economics Papers: this item is included in nep-age, nep-dem, nep-eur and nep-lma
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20220021

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