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Fertility and unemployment in a social security system

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  • Wang, Leran

Abstract

This study analyzes how endogenous fertility and unemployment are affected by a social security system in an overlapping generations model. The analysis reveals that for any given minimum wage, the pension may improve fertility and decrease unemployment.

Suggested Citation

  • Wang, Leran, 2015. "Fertility and unemployment in a social security system," Economics Letters, Elsevier, vol. 133(C), pages 19-23.
    • Handle: RePEc:eee:ecolet:v:133:y:2015:i:c:p:19-23
    DOI: 10.1016/j.econlet.2015.05.014
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    References listed on IDEAS

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    1. repec:ebl:ecbull:v:10:y:2007:i:19:p:1-10 is not listed on IDEAS
    2. Cigno, Alessandro, 1993. "Intergenerational transfers without altruism : Family, market and state," European Journal of Political Economy, Elsevier, vol. 9(4), pages 505-518, November.
    3. repec:ebl:ecbull:v:10:y:2007:i:20:p:1-10 is not listed on IDEAS
    4. Barro, Robert J & Becker, Gary S, 1989. "Fertility Choice in a Model of Economic Growth," Econometrica, Econometric Society, vol. 57(2), pages 481-501, March.
    5. Charles Hohm, 1975. "Social security and fertility: An international perspective," Demography, Springer;Population Association of America (PAA), vol. 12(4), pages 629-644, November.
    6. Fanti, Luciano & Gori, Luca, 2010. "Child policy solutions for the unemployment problem," Economics Letters, Elsevier, vol. 109(3), pages 147-149, December.
    7. Luca Gori & Luciano Fanti, 2007. "Labour income taxation, child rearing policies and fertility," Economics Bulletin, AccessEcon, vol. 10(20), pages 1-10.
    8. Cigno, Alessandro & Rosati, Furio Camillo, 1992. "The Effects of Financial Markets and Social Security on Saving and Fertility Behaviour in Italy," Journal of Population Economics, Springer;European Society for Population Economics, vol. 5(4), pages 319-341.
    9. Luca Gori & Luciano Fanti, 2007. "Income taxation, child-rearing policies, fertility and unemployment," Economics Bulletin, AccessEcon, vol. 10(19), pages 1-10.
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    Citations

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    Cited by:

    1. Yan Xiong & Guojin Jiao & Jiaming Zheng & Jian Gao & Yaqing Xue & Buwei Tian & Jingmin Cheng, 2022. "Fertility Intention and Influencing Factors for Having a Second Child among Floating Women of Childbearing Age," IJERPH, MDPI, vol. 19(24), pages 1-12, December.
    2. Zheng Shen & Xiaodong Zheng & Hualei Yang, 2020. "The fertility effects of public pension: Evidence from the new rural pension scheme in China," PLOS ONE, Public Library of Science, vol. 15(6), pages 1-17, June.
    3. Yurii Kharazishvili & Aleksy Kwilinski & Olena Grishnova & Henryk Dzwigol, 2020. "Social Safety of Society for Developing Countries to Meet Sustainable Development Standards: Indicators, Level, Strategic Benchmarks (with Calculations Based on the Case Study of Ukraine)," Sustainability, MDPI, vol. 12(21), pages 1-21, October.
    4. Watanabe, Minoru & Miyake, Yusuke & Yasuoka, Masaya, 2019. "Capital income taxation in endogenous fertility model," MPRA Paper 97721, University Library of Munich, Germany.
    5. Qiang He & Xin Deng & Chuan Li & Zhongcheng Yan & Yanbin Qi, 2022. "The Impact of Rural Population Mobility on Fertility Intention under the Comprehensive Two-Child Policy: Evidence from Rural China," IJERPH, MDPI, vol. 19(12), pages 1-17, June.
    6. Wang, Leran, 2021. "Fertility, Imperfect Labor Market, and Notional Defined Contribution Pension," The Journal of the Economics of Ageing, Elsevier, vol. 20(C).
    7. Minoru Watanabe, 2021. "A note on capital income taxation with involuntary unemployment," Discussion Papers 2126, Graduate School of Economics, Kobe University.
    8. Minoru Watanabe, 2022. "Capital income taxation and public debt in an endogenous fertility model," Discussion Papers 2209, Graduate School of Economics, Kobe University.
    9. Leran Wang, 2016. "Fertility, Union Wage Setting and Social Security System," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(9), pages 1-10, September.
    10. Oliwia Komada, 2023. "Raising America's future: search for optimal child-related transfers," GRAPE Working Papers 84, GRAPE Group for Research in Applied Economics.
    11. Watanabe, Minoru & Miyake, Yusuke & Yasuoka, Masaya, 2018. "Unemployment, Income Growth and Social Security," MPRA Paper 86155, University Library of Munich, Germany.
    12. Minoru Watanabe, 2021. "Tax reform, unemployment, and fertility," Discussion Papers 2128, Graduate School of Economics, Kobe University.

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    More about this item

    Keywords

    Fertility; Unemployment; Pay-as-you-go pension; Child allowances;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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