Fiscal deficits impacting birthrates: Children as social security revenue source
The article explores how financial deficits in social security systems can impact declining birth rates in developed countries. By treating children as a source of revenue for social security, the researchers found that fiscal deficits may lead to lower fertility rates. They suggest that policies should be implemented to reduce the negative impact, such as eliminating fiscal deficits in social security coverage and adjusting payment schedules based on the number of children in a household.
