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Is there an economic rationale for pronatalist policies? In this paper we propose and analyze a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The friction we investigate is related to the ownership of...
Persistent link: https://www.econbiz.de/10009458049
In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature to explain this somewhat puzzling fact. The...
Persistent link: https://www.econbiz.de/10009458161
see attached pdf file
Persistent link: https://www.econbiz.de/10011081430
Persistent link: https://www.econbiz.de/10005096865
In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature to explain this somewhat puzzling fact. The...
Persistent link: https://www.econbiz.de/10005084746
increases outside options for children and thereby effectively increases their rights. This in turn decreases the benefit of child-rearing to parents and lowers fertility.
Persistent link: https://www.econbiz.de/10010554509
Is there an economic rationale for pronatalist policies? In this paper we propose and analyze a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The friction we investigate is related to the ownership of...
Persistent link: https://www.econbiz.de/10008628458
Persistent link: https://www.econbiz.de/10005062129
In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature to explain this somewhat puzzling fact. The...
Persistent link: https://www.econbiz.de/10009457983
Demographers have long emphasized decreased mortality and `economic development' as the main contributors generating the demographic transition (DT). In economics, the Barro-Becker (BB) model of fertility choice, though simple and intuitive, has not been successful at reproducing changes in...
Persistent link: https://www.econbiz.de/10009458160