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. …

This paper presents new evidence on the causal relationship between fertility and female labor supply. We particularly … focus on how informal employment affects post-fertility labor supply behavior of mothers. We employ an instrumental variable …. We find that fertility causally affects female labor supply. After the first twin birth, female labor supply declines …