Completed Fertility Effects of Family Policy Measures: Evidence from a Life-Cycle Model

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Research , Preprint 01 Jan 2014 Germany English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Abiry, Raphael; Reuss, Karsten; Stichnoth, Holger;

doi: 10.2139/ssrn.2507186

handle: 10419/102756

Completed Fertility Effects of Family Policy Measures: Evidence from a Life-Cycle Model

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Abstract

We estimate a structural life-cycle model of fertility and female labour supply and use it to evaluate the effects of a number of key family policy measures based on data for Germany. Parental leave benefits, child benefits and subsidized childcare are found to have substantial fertility effects. Without these measures, completed fertility is estimated to be lower by 6%, 7%, and 10%, respectively. Income tax splitting, which is fiscally expensive, reduces female labour supply but has a negligible effect on fertility.

Country

Germany

Related Organizations

Leibniz Association
Germany
Goethe University Frankfurt
Germany
University of Mannheim
Germany
Centre For European Economic Research
Germany

Keywords

dynamic programming, family policy, 330, ddc:330, Fertility,female labour supply,family policy,dynamic programming, J22, J13, female labour supply, Fertility; female labour supply; family policy; dynamic programming, Fertility, C25, C53, jel: jel:C53, jel: jel:C25, jel: jel:J13, jel: jel:J0, jel: jel:J22

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