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In this paper we develop a structural model of female employment and fertility which accounts for intertemporal feedback effects between the two outcomes. We identify the effect of financial incentives on the employment and fertility decision by exploiting variation in the tax and transfer...
Persistent link: https://www.econbiz.de/10010269580
Germany is known to have one of the lowest fertility rates among Western European countries and also relatively low … Germany we calculate first-round effects, which assume no behavioural changes and second-round effects, where we take labour …
Persistent link: https://www.econbiz.de/10010276770