This paper examines the effects of a major change in German parental transfer system on fertility. I use the largely …-order fertility. Given the recent introduction, this paper evaluates short-run responses by using data from the German Microcensus …-run fertility responses are less pronounced and vary with potential earnings. The heterogeneity is in line with the structure of …

Germany has the lowest birth rate among all OECD countries. To encourage fertility, the federal government has recently … fertility may be reversed through changes in public policy that allow women to combine employment and motherhood. …

countries like Spain. At the same time fertility is relatively low in the most concerned countries whereas those in their … fertile phase experience high unemployment rates. Based on these facts we investigate how marriage and fertility decisions in … of the economic crisis on fatherhood. Over all countries we can observe that the fertility rate of employed women becomes …