Pension and child care policies with endogenous fertility

Masaya Yasuoka and Naohisa Goto

Economic Modelling, 2011, vol. 28, issue 6, 2478-2482

Abstract: This paper presents an examination of effects of a child allowance on fertility under a pay-as-you-go pension system. In these analyses, the child allowance is financed by taxation of two kinds: an income tax and a consumption tax. Comparative static analyses show that a child allowance financed by income tax revenues can always raise fertility. Similarly with income tax, a child allowance financed by consumption tax can always raise fertility. Furthermore, our paper presents examination of optimal child allowance and transfer for older people.

Keywords: Child allowance; Endogenous fertility; Pay-as-you-go pension system; Taxation (search for similar items in EconPapers)
JEL-codes: D10 H55 J13 J14 J18 J26 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0264999311001350
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Pension and Child Care Policies with Endogenous Fertility (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:28:y:2011:i:6:p:2478-2482

DOI: 10.1016/j.econmod.2011.06.003

Access Statistics for this article

Economic Modelling is currently edited by S. Hall and P. Pauly

More articles in Economic Modelling from Elsevier
Bibliographic data for series maintained by Catherine Liu ().