000 01942nab a2200301 c 4500
003 ES-MaIEF
005 20180816125551.0
007 ta
008 180816s2018 gw ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
041 _aeng
100 1 _966365
_aKomura, Mizuki
245 _aPay-as-you-go pension, bargaining power and fertility
_c Mizuki Komura and Hikaru Ogawa
260 _c2018
500 _aDisponible también en formato electrónico a través de la Biblioteca del IEF.
500 _aResumen.
504 _aBibliografía.
520 _aThe effects of pension policies on fertility have been examined in the overlapping-generations (OLG) model of the unitary household in which no heterogeneity exists between wife and husband. This study departs from the OLG model to focus on marital bargaining arising from heterogeneity in a nonunitary model. Specifically, this paper examines how pension policies affect the fertility of a bargaining couple with different life spans. The analysis reveals a new channel from pension policies to fertility decisions, whereby an increase in pension size affects fertility not only via the changes in current and future income but also through a change in marital bargaining power. This result suggests that an increase in a pay-as-you-go pension may induce a negative effect on fertility through women’s empowerment.
650 4 _911220
_aPENSIONES DE JUBILACIÓN
650 4 _953397
_aESPERANZA DE VIDA
650 4 _944216
_aFERTILIDAD
650 4 _947704
_aMATRIMONIO
650 4 _947776
_aMODELOS ECONOMETRICOS
700 1 _953171
_aOgawa, Hikaru
773 0 _9157014
_oOP 207/2018/2
_tFinanzArchiv
_w(IEF)21244
_x 0015-2218
_g v. 74, n. 2, June 2018, p. 235-259
856 _uhttp://docserver.ingentaconnect.com/deliver/connect/mohr/00152218/v74n2/s3.pdf?expires=1534418387&id=0000&titleid=10500&checksum=CD3AE568F33F4EAF4727834DF70CF99B
942 _cART
999 _c138646
_d138646