Uncertain lifetime, fertility and social security |
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| Authors: | Akira Yakita |
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| Affiliation: | (1) Department of Economics, Chukyo University, 101-2 Yagoto-Honmachi, Showa-ku, Nagoya 466-8666, Japan (Fax:+81-52-835-7198; e-mail: yakita@mecl.chukyo-u.ac.jp), JP |
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| Abstract: | ![]()
Investigating the effects of population aging on fertility and economic growth, we show that an increase in life expectancy lowers the fertility rate and raises life-cycle savings, and that a pay-as-you-go social security does not reverse the effect on fertility. Received: 10 March 2000/Accepted: 28 April 2000 |
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| Keywords: | JEL classification: D91 H55 J13 |
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