Danzer, Alexander M.
Pensions and fertility microeconomic evidence / by Alexander M. Danzer and Lennard Zyska
Resumen.
Bibliografía.
This study identifies the causal effect of pension generosity on women's fertility behavior. It capitalizes on Brazil's expansion of the pension system to rural workers, whose pension wealth subsequently more than tripled. Difference-in-difference, instrumental variable, and event study methods show that the pension reform reduces the propensity of childbearing of women of fertile age by 8 percent in the short run. Completed fertility declines by 1.3 children within 20 years after the reform, reducing the contribution base of the pay-as-you-go pension system in the long run. The fertility response is strongest at higher birth parities, among older women, and among mothers with sons.
PENSIONES
BIENESTAR SOCIAL
FERTILIDAD
NATALIDAD
MUJERES
TRABAJO
CONCILIACIÓN
PLANIFICACION FAMILIAR
DESARROLLO ECONOMICO
ANALISIS MICROECONOMICO
Zyska, Lennard
American Economic Journal : Economic Policy 1945-7731 v. 51, n. 2, May 2023, p. 126-165
Pensions and fertility microeconomic evidence / by Alexander M. Danzer and Lennard Zyska
Resumen.
Bibliografía.
This study identifies the causal effect of pension generosity on women's fertility behavior. It capitalizes on Brazil's expansion of the pension system to rural workers, whose pension wealth subsequently more than tripled. Difference-in-difference, instrumental variable, and event study methods show that the pension reform reduces the propensity of childbearing of women of fertile age by 8 percent in the short run. Completed fertility declines by 1.3 children within 20 years after the reform, reducing the contribution base of the pay-as-you-go pension system in the long run. The fertility response is strongest at higher birth parities, among older women, and among mothers with sons.
PENSIONES
BIENESTAR SOCIAL
FERTILIDAD
NATALIDAD
MUJERES
TRABAJO
CONCILIACIÓN
PLANIFICACION FAMILIAR
DESARROLLO ECONOMICO
ANALISIS MICROECONOMICO
Zyska, Lennard
American Economic Journal : Economic Policy 1945-7731 v. 51, n. 2, May 2023, p. 126-165