Year: 2007
Author: Kögel, Thomas
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 127 (2007), Iss. 3 : pp. 441–455
Abstract
The present article presents empirical evidence that the size of public pensions is insignificant for differences in birth rates between Western European countries. This implies that false incentives provided by pension entitlements independent of the number of children do not lead to any significant distortions of the fertility decision. In addition, it is shown empirically that the cross-country differences in birth rates are caused, in particular, by differences in the availability and acceptance of day-care facilities for children. Therefore, rather than spending public money to provide pension entitlements dependent on the number of children, it would be better to subsidize or expand day-care facilities for children.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.127.3.441
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 127 (2007), Iss. 3 : pp. 441–455
Published online: 2007-03
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 15