Children and pensions /
An analysis of the effect of public pension schemes on a country's fertility rate and a proposal for policies to reform pension coverage in light of this. The rapidly aging populations of many developed countries--most notably Japan and member countries of the European Union--present obvious pr...
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| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge, Mass. :
MIT Press,
©2007.
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| Subjects: | |
| Online Access: |
Full text (MFA users only) |
| ISBN: | 9780262270342 026227034X 9781435605039 1435605039 0262307200 9780262307208 1282099191 9781282099197 9786612099199 6612099194 |
| Local Note: | ProQuest Ebook Central |
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| 100 | 1 | |a Cigno, Alessandro. | |
| 245 | 1 | 0 | |a Children and pensions / |c Alessandro Cigno and Martin Werding. |
| 260 | |a Cambridge, Mass. : |b MIT Press, |c ©2007. | ||
| 300 | |a 1 online resource (xxiii, 204 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
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| 490 | 1 | |a CESifo book series | |
| 504 | |a Includes bibliographical references (pages 185-196) and index. | ||
| 505 | 0 | |a Intro -- Contents -- List of Figures -- List of Tables -- CESifo Book Series in Economic Policy -- Acknowledgments -- Introduction -- 1 Demography -- 2 Public Support for the Old -- 3 Public Support for Families and Children -- 4 Child-Related Elements in Public Pension Schemes -- 5 Life-cycle Adjustments and Intergenerational Transfers: Theory -- 6 Life-cycle Adjustments and ntergenerational Transfers: Evidence -- 7 Policy: What Ought to Be Done? -- 8 Policy: What Can Be Done? -- Conclusion -- Notes -- References -- Index. | |
| 520 | |a An analysis of the effect of public pension schemes on a country's fertility rate and a proposal for policies to reform pension coverage in light of this. The rapidly aging populations of many developed countries--most notably Japan and member countries of the European Union--present obvious problems for the public pension plans of these countries. Not only will there be disproportionately fewer workers making pension contributions than there are retirees drawing pension benefits, but the youth-to-age imbalance would significantly affect the total contributive capacity of future generations and hence their total income growth. In Children and Pensions, Alessandro Cigno and Martin Werding examine the way pension policy and child-related benefits affect fertility behavior and productivity growth. They present theoretical arguments to the effect that public pension coverage as such will reduce aggregate fertility and may raise aggregate household savings. They argue further that public pensions, as they are currently designed, discourage parents from private human capital investment in their children to improve the children's future earning capacity. After an overview of pension and child benefit policies (focusing on the European Union, Japan, and the United States), the authors offer an empirical and theoretical analysis and a simulation of the effects of the policies under discussion. Their policy proposals to address declines in fertility and productivity growth include the innovative suggestion that relates a person's pension entitlements to his or her number of children and the children's earning ability--proposing that, in effect, a person's pension could be financed in part or in full by the pensioner's own children. | ||
| 546 | |a English. | ||
| 588 | 0 | |a Print version record. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Family allowances. | |
| 650 | 0 | |a Social security. | |
| 650 | 0 | |a Family demography |x Economic aspects. | |
| 650 | 0 | |a Child welfare. | |
| 650 | 2 | |a Social Security | |
| 700 | 1 | |a Werding, Martin. | |
| 758 | |i has work: |a Children and pensions (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGPXMymDcmWXFBXKPqYvRC |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
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