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Endogenes Wachstum, Fertilität und Sozialversicherung in Entwicklungsländern / Endogenous Growth, Fertility and Social Security

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  • Stauvermann Peter

    (Universität Dortmund, Abteilung Wirtschafts- und Sozialwissenschaften, LSt für VWL (Makroökonomie), Vogelpothsweg 87, 44221 Dortmund)

Abstract

This paper analyses the consequences of a pay-as-you-go pension system in an endogenous growth model with endogenous fertility in low developed countries. The child rearing is motivated by an intra family transfer for old age security. In this context it will be shown that a payas- you-go pension system can increase the per-capita growth rates. The main assumption for this result is that individuals replace family transfers for old age security by the pay-as-you-go pension system. In addition the child rearing costs play an important role for the per-capita growth rates.

Suggested Citation

  • Stauvermann Peter, 1997. "Endogenes Wachstum, Fertilität und Sozialversicherung in Entwicklungsländern / Endogenous Growth, Fertility and Social Security," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 216(2), pages 175-193, April.
  • Handle: RePEc:jns:jbstat:v:216:y:1997:i:2:p:175-193
    DOI: 10.1515/jbnst-1997-0205
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