Growing Old and Staying Young: Population Policy in an Ageing Closed Economy

Bas van Groezen, L. Meijdam

Research output: Working paperAcademic

Abstract

This paper analyses the relation between public pensions, fertility and child care in a closed economy OLG-model with endogenous fertility. It it shown that it is optimal to introduce child allowances if the government redistributes income from the young to the old, and rises when longevity increases.
Original languageEnglish
Place of PublicationUtrecht
PublisherUU USE Tjalling C. Koopmans Research Institute
Number of pages17
Publication statusPublished - Nov 2004

Publication series

NameDiscussion Paper Series / Tjalling C. Koopmans Research Institute
No.28
Volume04
ISSN (Electronic)2666-8238

Keywords

  • ageing
  • child allowances
  • closed economy
  • endogenous fertility
  • overlapping generations
  • pensions
  • social security

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