Public Policy and the Income-Fertility Relationship in Economic Development

Masako Kimura and Daishin Yasui ()
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Daishin Yasui: Graduate School of Economics, Kobe University

No 1224, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: In the pre-industrial era, there was a positive association between income and fertility across households within societies, but in the modern era, a clear association does not seem to exist, neither positive nor negative. Why the income-fertility relationship within societies changed over time is an unsolved puzzle in the history of economic growth, one that has been raised by Gregory Clark (e.g., A Farewell to Alms, 2007). This paper suggests that public policy for children has a key role in solving this puzzle. The interaction between changes in public policy for children and economic development generates changes in the income-fertility relationship across households, as well as hump-shaped dynamics of the average fertility rate over time.

Pages: 36pages
Date: 2012-12
New Economics Papers: this item is included in nep-dem and nep-dev
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http://www.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2012/1224.pdf (application/pdf)

Related works:
Working Paper: Public Policy and the Income-Fertility Relationship in Economic Development (2012)
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