Europe’s Demographic Deficit A Plea For A Child Pension System.

This paper considers the economic implications of the stalling birth rates and demographic development in Europe. To remedy for this it proposes a child pension system. This system allows additional pension facilities depending on the number of children raised. It should be a PAYG pension financed with an income tax. The main motivation for this is that parents have invested resources which also benefit society. [ABSTRACT FROM AUTHOR]