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Children And Pensions (cesifo Book Series) by Alessandro Cigno; Martin Werding; Ebrary, Inc is a nonfiction available to read on EtoBox.

What is Children And Pensions (cesifo Book Series) about?

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 c

Who reads Children And Pensions (cesifo Book Series)?

Author

Alessandro Cigno; Martin Werding; Ebrary, Inc

Publisher

The MIT Press; MIT Press

Published

2007

Language

EN

ISBN

9780262270342

Category

nonfiction

Subjects

Economics, Management, Business