Completed fertility effects of family policy measures: Evidence from a life-cycle model

Raphael Abiry, Karsten Reuß () and Holger Stichnoth

No 14-068, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

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.

Keywords: Fertility; female labour supply; family policy; dynamic programming (search for similar items in EconPapers)
JEL-codes: C25 C53 J13 J22 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-dem and nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Completed fertility effects of family policy measures: evidence from a life-cycle model (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:14068

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