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Growing Old and Staying Young: Population Policy in an Ageing Closed Economy

Bas van Groezen and Lex Meijdam

No 04-28, Working Papers from Utrecht School of Economics

Abstract: This paper analyses the relation between public pensions, fertility and child care in a closed economy OLG-model with endogenous fertility. It it shown that it is optimal to introduce child allowances if the government redistributes income from the young to the old, and rises when longevity increases.

Keywords: ageing; child allowances; closed economy; endogenous fertility; overlapping generations; pensions; social security (search for similar items in EconPapers)
Date: 2004-11
New Economics Papers: this item is included in nep-dge and nep-pbe
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Citations: View citations in EconPapers (1)

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Journal Article: Growing old and staying young: population policy in an ageing closed economy (2008) Downloads
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