Pay-as-you-go Pension System and Child Allowance : Comparison between the Defined Benefit Pension System and the Defined Contribution Pension System

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Other Title
  • 賦課方式の年金制度と子ども手当 : 給付率固定方式と保険料率固定方式の比較
  • フカ ホウシキ ノ ネンキン セイド ト コドモ テアテ : キュウフリツ コテイ ホウシキ ト ホケンリョウリツ コテイ ホウシキ ノ ヒカク

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Description

There are two main pension systems : the Defined Benefit (DB) pension system and the Defined Contribution (DC) pension system. In this paper, we first compare the effects of a rise in the exogenous fertility rate within the two pension systems. Secondly, we assume that households have different preferences for having children. This assumption leads to differences in the predicted number of children borne by households. In our model, three types of households exist: households with some children and no savings, those with some children and savings, and those with no children and some savings. We calibrate the coefficient of variance within the two pension systems when the government increases the child allowance rate.

Journal

  • 経済科学

    経済科学 59 (3), 51-66, 2011-12-25

    名古屋大学大学院経済学研究科

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