Social Security, Endogenous Fertility and the Optimal Family Size

Mohamed Bouzahzah and Mohamed Jellal ()

Review of Economics and Institutions, 2013, vol. 4, issue 2

Abstract: This note analyzes a model of endogenous fertility in the presence of financial market assets and social security pensions. Given the children externality, the fertility rate chosen in a market economy is too low compared to the Social Optimum, asking for a corrective policy. Indeed, the representative household does not take into account this children externality which leads to a suboptimal family size. We show that an optimal demographic allocation can be implemented through a subvention taxation policy.

Keywords: endogenous fertility; social security pensions; subvention taxation policy (search for similar items in EconPapers)
JEL-codes: H25 H55 J13 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://rei.unipg.it/rei/article/view/103
Requires registration. Users must be registered and log in to access full text

Related works:
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:pia:review:v:4:y:2013:i:2:n:4

Access Statistics for this article

Review of Economics and Institutions is currently edited by Carlo Andrea Bollino

More articles in Review of Economics and Institutions from Università di Perugia Contact information at EDIRC.
Bibliographic data for series maintained by Ubaldo Pizzoli ().