Effect of Social Security on Fertility and Savings: An Overlapping Generations Model
AbstractThis paper studies the general equilibrium effects of various social security programs on the rates of population growth and capital accumulation within an overlapping generations framework with endogenous fertility and savings. It also shows that if the rate of intergenerational transfers of income from old to young or child care cost is low, a competitive equilibrium follows a path of over population and capital accumulation in a modified Pareto Optimal sense; a social security program in such a case is Pareto improving. A fully funded system is not neutral if it is financed by child - taxes. It also shows that unlike in the case of exogenous fertility where competitive equilibrium attains steady-state only asymptotically, when fertility is endogenous it may attain a unique globally stable steady state in finite time.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Department of Economics, Delhi School of Economics in its journal Indian Economic Review.
Volume (Year): 27 (1992)
Issue (Month): 1 (July)
Contact details of provider:
Postal: University of Delhi, Delhi 110 007
Phone: 91-11-2766-6533/34/35, 2766-6703/04/05
Web page: http://www.ierdse.org/
More information through EDIRC
Other versions of this item:
- L. K. Raut, . "Effects of Social Security on Fertility and Saving: An Overlapping Generations Model," University of Chicago - Population Research Center 87-13, Chicago - Population Research Center.
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Lakshmi K Raut, 1997.
"Learning to Perfect Manipulation: Implications for Fertility, Savings, and Old-Age Social Security,"
Levine's Working Paper Archive
597, David K. Levine.
- Lakshmi K Raut, 1997. "Learning to Perfect Manipulation: Implications for Fertility, Savings, and Old-Age Social Security," Working Papers 199704, University of Hawaii at Manoa, Department of Economics.
- Lakshmi K. Raut, 1997. "Learning to Perfect Manipulation: Implications for Fertility, Savings, and Old-Age Social Security," Labor and Demography 9705003, EconWPA.
- J. Ignacio Conde-Ruiz & Eduardo L. Giménez & Mikel Pérez-Nievas, 2010.
"Millian Efficiency with Endogenous Fertility,"
Review of Economic Studies,
Oxford University Press, vol. 77(1), pages 154-187.
- J. Ignacio Conde-Ruiz & Eduardo L. Gimenez & Mikel Perez-Nievas, 2006. "Millian Efficiency with Endogenous Fertility," Documentos de trabajo - Analise Economica 0037, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
- Mikel Perez-Nievas & Eduardo L. Gimenez & J. Ignacio Conde-Ruiz, 2007. "Millian efficiency with endogenous fertility," 2007 Meeting Papers 338, Society for Economic Dynamics.
- J. Ignacio Conde-Ruiz & Eduardo L. Giménez & Mikel Pérez-Nievas, . "Millian Efficiency with Endogenous Fertility," Working Papers 2004-13, FEDEA.
- Wei-bin Zhang, 2011. "Elastic Labour Supply and Home Production in a Monetary Growth Model," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 9(2), pages 87-100.
- Stauvermann, Peter Josef & Kumar , Ronald, 2013. "Financing human capital development via government debt: a small country case using overlapping generations framework," MPRA Paper 47453, University Library of Munich, Germany.
- Lakshmi K. Raut, 1996. "Subgame perfect manipulation of children by overlapping generations of agents with two-sided altruism and endogenous fertility," Labor and Demography 9604003, EconWPA.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Pami Dua).
If references are entirely missing, you can add them using this form.