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Elderly labor supply and fertility decisions in aging-population economies

  • Mizuno, Masakatsu
  • Yakita, Akira

With a longer life expectancy, individuals who plan to work when they are old may increase the number of their children. Therefore, when individuals choose the time of retirement, the fertility rate may not necessarily decline but even rise.

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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 121 (2013)
Issue (Month): 3 ()
Pages: 395-399

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Handle: RePEc:eee:ecolet:v:121:y:2013:i:3:p:395-399
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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  1. Jie Zhang & Junsen Zhang, 2005. "The Effect of Life Expectancy on Fertility, Saving, Schooling and Economic Growth: Theory and Evidence," Scandinavian Journal of Economics, Wiley Blackwell, vol. 107(1), pages 45-66, 03.
  2. Feldstein, Martin S, 1976. "Social Security and Saving: The Extended Life Cycle Theory," American Economic Review, American Economic Association, vol. 66(2), pages 77-86, May.
  3. Romain Duval, 2003. "The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries," OECD Economics Department Working Papers 370, OECD Publishing.
  4. Makoto Hirazawa & Koji Kitaura & Akira Yakita, 2014. "Fertility, Intra-Generational Redistribution, and Social Security Sustainability," Canadian Journal of Economics, Canadian Economics Association, vol. 47(1), pages 98-114, February.
  5. Kiminori Matsuyama, 2007. "A One-Sector Neoclassical Growth Model with Endogenous Retirement," CIRJE F-Series CIRJE-F-531, CIRJE, Faculty of Economics, University of Tokyo.
  6. Peter Lorentzen & John McMillan & Romain Wacziarg, 2005. "Death and Development," NBER Working Papers 11620, National Bureau of Economic Research, Inc.
  7. Rosa Aísa & Fernando Pueyo & Marcos Sanso, 2012. "Life expectancy and labor supply of the elderly," Journal of Population Economics, Springer, vol. 25(2), pages 545-568, January.
  8. David Bloom & David Canning & Rick Mansfield & Michael Moore, 2006. "Demographic Change, Social Security Systems, and Savings," PGDA Working Papers 1906, Program on the Global Demography of Aging.
  9. Daron Acemoglu & Simon Johnson, 2006. "Disease and Development: The Effect of Life Expectancy on Economic Growth," NBER Working Papers 12269, National Bureau of Economic Research, Inc.
  10. Moshe Hazan & Hosny Zoabi, 2005. "Does Longevity Cause Growth," GE, Growth, Math methods 0507001, EconWPA.
  11. Eckstein, Zvi & Wolpin, Kenneth I., 1985. "Endogenous fertility and optimal population size," Journal of Public Economics, Elsevier, vol. 27(1), pages 93-106, June.
  12. Moshe Hazan & Hosny Zoabi, 2006. "Does longevity cause growth? A theoretical critique," Journal of Economic Growth, Springer, vol. 11(4), pages 363-376, December.
  13. Ferreira, Pedro Cavalcanti Gomes & Pessoa, Samuel de Abreu, 2005. "The Effects of Longevity and Distortions on Education and Retirement," Economics Working Papers (Ensaios Economicos da EPGE) 590, FGV/EPGE Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil).
  14. Hu, Sheng Cheng, 1979. "Social Security, the Supply of Labor, and Capital Accumulation," American Economic Review, American Economic Association, vol. 69(3), pages 274-83, June.
  15. Akira Yakita, 2001. "Uncertain lifetime, fertility and social security," Journal of Population Economics, Springer, vol. 14(4), pages 635-640.
  16. Liutang Gong & Nianqing Liu, 2012. "A Note On “A One-Sector Neoclassical Growth Model With Endogenous Retirement”: Existence Of Multiple Steady States," The Japanese Economic Review, Japanese Economic Association, vol. 63(4), pages 557-569, December.
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