fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation. …

fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation. …

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

This paper examines fertility and labor supply responses to a French policy reform that consisted in conditioning the …, the paper finds that restricting family allowance eligibility criteria decreases fertility. The results also highlight … supply. Auxiliary regressions show that at least part of the decline in fertility is due to timing effects, as the fertility …

special attention to estimating how intended fertility (fertility before children are born) responds to these policies. We use … two evaluation tools: (i) a dynamic model on fertility, labor supply, outsourced childcare time, parental time, asset … expenditure to increase fertility to the replacement level might be viewed as prohibitively high. …