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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/30500
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Billari, Francesco C. | | en_US |
| dc.contributor.author | | Galasso, Vincenzo | | en_US |
| dc.date.accessioned | | 2009-06-29 | | en_US |
| dc.date.accessioned | | 2010-05-14T08:20:19Z | | - |
| dc.date.available | | 2010-05-14T08:20:19Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/30500 | | - |
| dc.description.abstract | | Why do people have kids in developed societies? We propose an empirical test of two alternative theories - children as consumption vs. investment good. We use as a natural experiment the Italian pension reforms of the 90s that introduced a clear discontinuity in the treatment across workers. This policy experiment is particularly well suited, since the consumption motive predicts lower future pensions to reduce fertility, while the old-age security to increase it. Our empirical analysis identifies a clear and robust positive effect of less generous future pensions on post-reform fertility. These findings are consistent with old-age security even for contemporary fertility. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2646 | | en_US |
| dc.subject.jel | | H55 | | en_US |
| dc.subject.jel | | J13 | | en_US |
| dc.subject.jel | | D64 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | old-age security | | en_US |
| dc.subject.keyword | | public pension systems | | en_US |
| dc.subject.keyword | | fertility | | en_US |
| dc.subject.keyword | | altruism | | en_US |
| dc.subject.stw | | Fruchtbarkeit | | en_US |
| dc.subject.stw | | Kinder | | en_US |
| dc.subject.stw | | Investition | | en_US |
| dc.subject.stw | | Konsumgut | | en_US |
| dc.subject.stw | | Rentenreform | | en_US |
| dc.subject.stw | | Bevölkerungsentwicklung | | en_US |
| dc.subject.stw | | Italien | | en_US |
| dc.title | | What explains fertility? : evidence from Italian pension reforms | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 603335268 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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