In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …

whether i) the parents control their fertility or not, ii) they value their children or not. Second, it investigates the … all "relevant" senses identical should be treated identically); it turns out that under endogenous fertility, any winning … policy trivially satisfies horizontal equity, but if fertility is exogenous for some of (or all) the parents, horizontal …

The aim of this paper is to investigate the effect of Employment Protection Legislation (EPL) on fertility decisions of … positive and sizable effect on fertility decisions of Italian working women. This result is robust to a number of checks …

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. …

Bismarck pension system. Distortions of the fertility decision can be reduced through the introduction of a stronger child …

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. …

predicts lower future pensions to reduce fertility, while the “old-age security” to increase it. Our empirical analysis … identifies a clear and robust positive effect of less generous future pensions on post-reform fertility. These findings are … consistent with “old-age security” even for contemporary fertility. …