LEADER 04530nam 2200721Ia 450 001 9910815523503321 005 20200520144314.0 010 $a0-262-30720-0 010 $a1-282-09919-1 010 $a9786612099199 010 $a0-262-27034-X 010 $a1-4356-0503-9 035 $a(CKB)1000000000423426 035 $a(SSID)ssj0000121004 035 $a(PQKBManifestationID)11141069 035 $a(PQKBTitleCode)TC0000121004 035 $a(PQKBWorkID)10115243 035 $a(PQKB)10299704 035 $a(MiAaPQ)EBC3338747 035 $a(OCoLC)177217833$z(OCoLC)180752263$z(OCoLC)191940887$z(OCoLC)473709032$z(OCoLC)647663822$z(OCoLC)651844773$z(OCoLC)888795162$z(OCoLC)961521115$z(OCoLC)962719299$z(OCoLC)991989408$z(OCoLC)1055358834$z(OCoLC)1058053619$z(OCoLC)1066643767$z(OCoLC)1081225160 035 $a(OCoLC-P)177217833 035 $a(MaCbMITP)7513 035 $a(Au-PeEL)EBL3338747 035 $a(CaPaEBR)ebr10194161 035 $a(CaONFJC)MIL209919 035 $a(OCoLC)177217833 035 $a(PPN)170242048 035 $a(EXLCZ)991000000000423426 100 $a20070125d2007 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aChildren and pensions /$fAlessandro Cigno and Martin Werding 205 $a1st ed. 210 $aCambridge, MA $cMIT Press$dc2007 215 $axxiii, 204 p 225 1 $aCESifo book series 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-262-03369-0 320 $aIncludes bibliographical references and index. 327 $aIntro -- Contents -- List of Figures -- List of Tables -- CESifo Book Series in Economic Policy -- Acknowledgments -- Introduction -- 1 Demography -- 2 Public Support for the Old -- 3 Public Support for Families and Children -- 4 Child-Related Elements in Public Pension Schemes -- 5 Life-cycle Adjustments and Intergenerational Transfers: Theory -- 6 Life-cycle Adjustments and ntergenerational Transfers: Evidence -- 7 Policy: What Ought to Be Done? -- 8 Policy: What Can Be Done? -- Conclusion -- Notes -- References -- Index. 330 $aAn analysis of the effect of public pension schemes on a country's fertility rate and a proposal for policies to reform pension coverage in light of this.The rapidly aging populations of many developed countries--most notably Japan and member countries of the European Union--present obvious problems for the public pension plans of these countries. Not only will there be disproportionately fewer workers making pension contributions than there are retirees drawing pension benefits, but the youth-to-age imbalance would significantly affect the total contributive capacity of future generations and hence their total income growth. In Children and Pensions, Alessandro Cigno and Martin Werding examine the way pension policy and child-related benefits affect fertility behavior and productivity growth. They present theoretical arguments to the effect that public pension coverage as such will reduce aggregate fertility and may raise aggregate household savings. They argue further that public pensions, as they are currently designed, discourage parents from private human capital investment in their children to improve the children's future earning capacity. After an overview of pension and child benefit policies (focusing on the European Union, Japan, and the United States), the authors offer an empirical and theoretical analysis and a simulation of the effects of the policies under discussion. Their policy proposals to address declines in fertility and productivity growth include the innovative suggestion that relates a person's pension entitlements to his or her number of children and the children's earning ability--proposing that, in effect, a person's pension could be financed in part or in full by the pensioner's own children. 410 0$aCESifo book series. 606 $aFamily allowances 606 $aSocial security 606 $aFamily demography$xEconomic aspects 606 $aChild welfare 615 0$aFamily allowances. 615 0$aSocial security. 615 0$aFamily demography$xEconomic aspects. 615 0$aChild welfare. 676 $a331.25/2 700 $aCigno$b Alessandro$0118218 701 $aWerding$b Martin$01631948 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910815523503321 996 $aChildren and pensions$93970810 997 $aUNINA