Children and Pensions (CESifo Book Series)

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.

subjects: Child welfare,  Economic aspects,  Economic aspects of Family demography,  Family allowances,  Family demography,  Social security