Fertility and PAYG pensions in the overlapping generations model

被引：63

作者：

Fanti, Luciano ^{[2
]}

Gori, Luca ^{[1
]}

机构：

[1] Univ Genoa, Dept Law & Econ GLM Casaregi, I-16126 Genoa, GE, Italy

[2] Univ Pisa, Dept Econ, I-56124 Pisa, PI, Italy

来源：

JOURNAL OF POPULATION ECONOMICS | 2012年 / 25卷 / 03期

关键词：

Fertility; PAYG pensions; OLG model; SOCIAL-SECURITY; GROWTH;

D O I：

10.1007/s00148-011-0359-7

中图分类号：

C921 [人口统计学];

学科分类号：

摘要：

This article analyses how long-run pay-as-you-go public pensions react to a change in fertility in the Diamond overlapping generations model. While it might seem well established both in academic and political debates that the decline in fertility represents a "demographic time bomb" for the sustainability of public pensions, it is shown that a falling birth rate need not necessarily cause the fall of pensions in the long run.

引用

页码：955 / 961

页数：7

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