Cohen, Alma; Dehejia, Rajeev; Romanov, Dmitri - In: The Review of Economics and Statistics 95 (2013) 1, pp. 1-20
Using panel data on over 300,000 Israeli women from 1999 to 2005, we exploit variation in Israel's child subsidy to identify the impact of changes in the price of a marginal child on fertility. We find a positive, statistically significant, and economically meaningful price effect on overall...