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Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … which a public pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension … system on fertility works via the impact of contributions in such a system on disposable income as well as via the impact on …
Persistent link: https://www.econbiz.de/10010691459
In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …
Persistent link: https://www.econbiz.de/10010877797
We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...
Persistent link: https://www.econbiz.de/10010948876
show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias. …
Persistent link: https://www.econbiz.de/10010551434
Previous studies report a wide range of estimates for how female labor supply responds to childcare prices. We shed new light on this question using a reform that raised the prices of public daycare. Parents respond by reducing public daycare and increasing childcare at home. Parents also reduce...
Persistent link: https://www.econbiz.de/10010540257
Analyzing a homogenous household setting with endogenous fertility and endogenous labor supply, we demonstrate that … moving from joint taxation to individual taxation and adapting child benefits so as to keep fertility constant entails a …
Persistent link: https://www.econbiz.de/10005181258
Bismarck pension system. Distortions of the fertility decision can be reduced through the introduction of a stronger child …
Persistent link: https://www.econbiz.de/10005765728
human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and … displays both a benefit contingent on the contributions of children and a purely fertility-related component. …
Persistent link: https://www.econbiz.de/10005766193
-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an …
Persistent link: https://www.econbiz.de/10005181485
There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household … female participation and fertility, using individual data from the French Labor Force Survey and a fairly detailed … fertility decisions in France, both for the first and for the third child. As an example, an unconditional child benefit with a …
Persistent link: https://www.econbiz.de/10005406074