Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from … effects of simulated increases to the birth rates. We analyze the overall macroeconomic and welfare effects of these simulated … the final effects to the assumed target value and path of increased fertility. Since our study tries to quantify the …

Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from … effects of simulated increases to the birth rates. We analyze the overall macroeconomic and welfare effects of these simulated … the final effects to the assumed target value and path of increased fertility. Since our study tries to quantify the …

decisions; altruistic intergenerational transfers from workers toward their parents; and economic growth. An increase in child … survival is found to reduce the fertility rate and altruistic transfers, and thereby increase the savings rate and the … productivity growth rate. The analysis illustrates the key role of child health in the demographic transition …