Fertility, Dependency and Social Security
A subject of considerable policy concern is the problem presented by declining fertility rates for social security systems in general and Pay-As-You-Go pension schemes in particular. Solutions proposed range from complete privatisation of the pensions system, through supplementary private tax-advantaged savings schemes, to ‘parametric reform’ of the existing schemes, involving increases in contribution rates and retirement ages, and reductions in the real value of benefit levels. This paper argues that the sense of crisis generated by looking only at the Aged Dependency Ratio is exaggerated. Moreover, we should look at what appears to be the root cause of the problem, the apparently inverse relationship between female labour force participation and fertility. A solution to the problem can be found in policies that allow an increase in female labour supply and fertility simultaneously.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
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.
Volume (Year): 5 (2002)
Issue (Month): 4 (December)
|Contact details of provider:|| Web page: http://business.curtin.edu.au/research/publications/journals/ajle/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Miles, David K, 1997.
"Modelling the Impact of Demographic Change Upon the Economy,"
CEPR Discussion Papers
1762, C.E.P.R. Discussion Papers.
- Miles, David, 1999. "Modelling the Impact of Demographic Change upon the Economy," Economic Journal, Royal Economic Society, vol. 109(452), pages 1-36, January.
- Deborah Roseveare & Willi Leibfritz & Douglas Fore & Eckhard Wurzel, 1996. "Ageing Populations, Pension Systems and Government Budgets: Simulations for 20 OECD Countries," OECD Economics Department Working Papers 168, OECD Publishing.
- Oded Galor & David Weil, 1993.
"The Gender Gap, Fertility and Growth,"
1993-12, Brown University, Department of Economics.
- Apps, Patricia, 1991. "Tax Reform, Population Ageing and the Changing Labour Supply Behaviour of Married Women," Journal of Population Economics, Springer;European Society for Population Economics, vol. 4(3), pages 201-216, August.
- Apps, Patricia & Rees, Ray, 1999.
"On the taxation of trade within and between households,"
Journal of Public Economics,
Elsevier, vol. 73(2), pages 241-263, August.
- Apps, P.F. & Rees, R., 1998. "On the Taxation of Trade Within and Between Households," Papers 337, Australian National University - Department of Economics.
- Sinn, Hans-Werner, 2000.
"Why a Funded Pension System is Useful and Why It is Not Useful,"
Munich Reprints in Economics
19859, University of Munich, Department of Economics.
- Hans-Werner Sinn, 2000. "Why a Funded Pension System is Useful and Why It is Not Useful," NBER Working Papers 7592, National Bureau of Economic Research, Inc.
- Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467-467.
- David Miles & Ales Cerny, 2001. "Risk, Return and Portfolio Allocation under Alternative Pension Arrangements with Imperfect Financial Markets," CESifo Working Paper Series 441, CESifo Group Munich.
- Disney, Richard, 2000. "Crises in Public Pension Programmes in OECD: What Are the Reform Options?," Economic Journal, Royal Economic Society, vol. 110(461), pages 1-23, February.
When requesting a correction, please mention this item's handle: RePEc:ozl:journl:v:5:y:2002:i:4:p:569-585. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alan Duncan)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.