- 【Updated on May 12, 2025】 Integration of CiNii Dissertations and CiNii Books into CiNii Research
- Trial version of CiNii Research Knowledge Graph Search feature is available on CiNii Labs
- 【Updated on June 30, 2025】Suspension and deletion of data provided by Nikkei BP
- Regarding the recording of “Research Data” and “Evidence Data”
Maximum size of social security in a model of endogenous fertility
-
- OSHIO, Takashi
- Hitotsubashi University
-
- YASUOKA, Masaya
- The University of Kitakyushu
Search this article
Description
Social security tends to be unsustainable in nature. It reduces individuals'' demand for children as a measure to support their lifestyle during old age, which in turn undermines the financial basis of social security. Using a simple overlapping generations model with endogenous fertility and income transfer from children to parents, we discuss the maximum size of a pay-as-you-go social security program that can prevent a cumulative reduction of fertility and make a program sustainable. We also show that a child-care allowance raises the maximum size of the program and raises an individual''s lifetime utility.
Journal
-
- Economics Bulletin
-
Economics Bulletin 29 (2), 644-654, 2009-04
Economics Bulletin
- Tweet
Details 詳細情報について
-
- CRID
- 1050287540600853888
-
- NII Article ID
- 120006929951
-
- ISSN
- 15452921
-
- HANDLE
- 10086/23049
-
- Text Lang
- en
-
- Article Type
- journal article
-
- Data Source
-
- IRDB
- CiNii Articles
- KAKEN