Abstract
This study analyzes how endogenous fertility and unemployment are affected by a social security system in an overlapping generations model. The analysis reveals that for any given minimum wage, the pension may improve fertility and decrease unemployment.
Original language | English |
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Pages (from-to) | 19-23 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 133 |
DOIs | |
Publication status | Published - 2015 Aug 1 |
Keywords
- Child allowances
- Fertility
- Pay-as-you-go pension
- Unemployment
ASJC Scopus subject areas
- Finance
- Economics and Econometrics