New pension system and improvement of fertility in the overlapping generations model

Soma Noguchi

MPRA Paper from University Library of Munich, Germany

Abstract: This study examines a new pension system in which pension benefits increase in proportion to the number of children. We demonstrate that transitioning to this new pension system can be achieved as a Pareto improvement. Additionally, we show that under certain conditions, the population may not decline within this system.

Keywords: OLG; fertility; PAYG; pension; population. (search for similar items in EconPapers)
JEL-codes: D91 H55 J13 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-age, nep-dge, nep-pbe and nep-pub
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:124685

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