Cigno A, Rosati F C
J Popul Econ. 1992 Nov;5(4):319-41. doi: 10.1007/BF00163064.
"This paper outlines the relevant theory and presents some empirical evidence on the effects of capital market developments and social security coverage on fertility and saving behaviour in Italy.... The data examined appear to lend support to the hypothesis that saving and fertility are jointly determined. They also show that the availability and attractiveness of market-based or state-provided alternatives to the family as a provider of old-age support significantly and systematically affect the saving and reproductive decisions of individuals." The data cover the period 1931-1987.
本文概述了相关理论，并提供了一些关于资本市场发展和社会保障覆盖范围对意大利生育和储蓄行为影响的实证证据……所考察的数据似乎支持储蓄和生育是共同决定的这一假设。数据还表明，作为老年赡养提供者的家庭，其基于市场或国家提供的替代方案的可得性和吸引力，会对个人的储蓄和生育决策产生重大且系统性的影响。数据涵盖1931年至1987年这一时期。
