Children and Pensions (CESifo Book Series)
Publisher: The MIT Press; MIT Press
Published: December 31, 2007
Language: eng
Format: Hardcover
Number of pages: 256
ISBN-13: 9780262033695
Subjects: Pensions; Business & Economics; Business / Economics / Finance; Business/Economics; Economics - General; Personal Finance - Retirement Planning; Business & Economics / Economics / General; Economic aspects; Family allowances; Family demography; Social security
Description: "In Children and Pensions, Alessandro Cigno and Martin Werding examine the way pension policy and child-related benefits affect fertility behavior and productivity growth. They present theoretical arguments to the effect that public pension coverage as such will reduce aggregate fertility and may raise aggregate household savings. They argue further that public pensions, as they are currently designed, discourage parents from private human capital investment in their children to improve the children's future earning capacity."--Jacket.