Teenage Childbearing and the Welfare State

Georgi Kocharkov, Jan Mellert and Andra Filote

VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy from Verein für Socialpolitik / German Economic Association

Abstract: Teenage birth rates differ significantly across developed countries. They are higher in countries with high income inequality and low intergenerational income mobility. We develop an economic theory of parental investments and risky sexual behavior of teenagers. The model is calibrated to match the stylized facts about income inequality, intergenerational mobility, and sexual behavior of teenagers in the United States. We then impose Norwegian taxes and education spendings on the baseline model. The Norwegian welfare state institutions go a long way in explaining the differences in teenage birth rates between the United States and Norway.

JEL-codes: J13 J24 J62 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/113116/1/VfS_2015_pid_855.pdf (application/pdf)

Related works:
Working Paper: Teenage Childbearing and the Welfare State (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc15:113116

Access Statistics for this paper

More papers in VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy from Verein für Socialpolitik / German Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().