Endogenes Wachstum, Fertilität und Sozialversicherung in Entwicklungsländern / Endogenous Growth, Fertility and Social Security

Peter Stauvermann

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 1997, vol. 216, issue 2, 175-193

Abstract: This paper analyses the consequences of a pay-as-you-go pension system in an endogenous growth model with endogenous fertility in low developed countries. The child rearing is motivated by an intra family transfer for old age security. In this context it will be shown that a payas- you-go pension system can increase the per-capita growth rates. The main assumption for this result is that individuals replace family transfers for old age security by the pay-as-you-go pension system. In addition the child rearing costs play an important role for the per-capita growth rates.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:216:y:1997:i:2:p:175-193

DOI: 10.1515/jbnst-1997-0205

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