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首页> 外文期刊>Journal of pension economics and finance >Demographic change, PA YG pensions and child policies
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Demographic change, PA YG pensions and child policies

机译：人口变化，PA YG养老金和儿童保单

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The aim of the paper is to investigate how child policies affect the population growth and to what extent these policies are useful to increase pension benefits of a pay-as-you-go pension system in a small open economy. Specifically, we analyze two different child policies: the provision of child allowances and an educational subsidy. We apply an overlapping generations model in its canonical form, where we consider endogenous fertility, endogenous growth and endogenous aging of the society. From the analysis, we conclude that with a child allowance, there is a consequent increase in the number of children and decrease in pension benefits and life expectancy. On the other hand, we note that with an educational subsidy, there is a decrease in the number of children, and an increase in the pension benefits and the life expectancy, respectively. The model developed aims to complement the models of the Unified Growth Theory.
机译：本文的目的是调查儿童政策如何影响人口增长，以及在一个开放的小规模经济中，这些政策在何种程度上可用于增加即付即用养老金体系的养老金福利。具体来说，我们分析了两种不同的儿童政策：提供儿童补贴和教育补贴。我们以典范形式应用重叠的世代模型，其中考虑了社会的内生肥力，内生增长和内生衰老。通过分析，我们得出结论，有了子女津贴，子女人数随之增加，养老金和预期寿命下降。另一方面，我们注意到，有了教育补贴，子女人数减少了，养恤金福利和预期寿命也分别增加了。开发的模型旨在补充统一增长理论的模型。

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