Partially Funded Pension, Fertility and Endogenous Growth

Zaigui Yang

MPRA Paper from University Library of Munich, Germany

Abstract: Within a framework of an overlapping generations endogenous growth model, this paper examines the effects of China’s partially funded public pension on the fertility, the economic growth and the family old-age security. Chinese are assumed to satisfy for both having children and getting old-age material support from children. It is shown that raising the firm contribution rate reduces the rates of fertility and intergenerational transfer, and increases the economic growth rate. The individual contribution has no effect on the above rates. This paper also finds the proper firm contribution rate interval to promote economic growth, control population rationally and maintain some family old-age security.

Keywords: Partially Funded Public Pension; Endogenous Growth; Fertility Rate; Family Old-Age Security (search for similar items in EconPapers)
JEL-codes: H55 (search for similar items in EconPapers)
Date: 2007-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Insurance and Risk Management 1-2.75(2007): pp. 1-12

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/18681/1/MPRA_paper_18681.pdf original version (application/pdf)

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:pra:mprapa:18681

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().