Child Allowances, Fertility, and Uncertain Lifetime

We examine how child-allowance policies with pay-as-you-go systems affect fertility and growth rates. A current method to subsidize child-rearing households, which determines benefits according to familyfs number of children, increases the fertility rate but decreases the growth rate. This study also demonstrates that when a government initiates a child-allowance policy using some part of the pension budget, the fertility rate declines in aging economies.

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Year of publication:	2005-05
Authors:	Mochida, Megumi
Institutions:	Graduate School of Economics, Osaka University
Subject:	Fertility \| Social security \| Uncertain lifetime

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Extent:	application/pdf
Series:	Discussion Papers in Economics and Business.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 05-11 22 pages
Classification:	D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; H55 - Social Security and Public Pensions ; J13 - Fertility; Family Planning; Child Care; Children; Youth
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005774291