Fig. 3: The effects of child policy mixes with public educational subsidies implemented.
From: The effectiveness of child policies to boost child quality and quantity in the PAYG pension system
Note: These figures simulate the effects of changing the child policy mix invloving public educational subsidies on fertility, the public education spending rate, the human capital gowth rate, and the pension replacement rate in cases where the support level is 0.03, 0.05, 0.07, and 0.09, respectively.
