期刊名称：CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度：2011
卷号：2011
期号：1
出版社：Center for Operations Research and Econometrics (UCL), Louvain
摘要：Although the optimal policy under endogenous fertility has been widely studied, the optimal public intervention under endogenous childbearing age has remained
largely unexplored. This paper examines the optimal family policy in a context
where the number and the timing of births are chos en by individuals who differ as
to how early fertility can weaken future earnings growth. We analyze the design of
a policy of family allowances and of public pensions in such a setting, under
distinct informational environments. We show how endogenous chi ldbearing ages
affect the optimal policy, through the redistribution across the earnings dimension
and the internalization of fertility externalities. It is also shown that, contrary to
common practice, children benefits differentiated according to the age of parents
can, under some conditions, be part of the optimal family policy.
关键词：Keywords: endogenous fertility, childbearing age, pensions, family benefits .
