It Takes a Village: Network Effect of Child-rearing
Yomogida Morihiro and
No 275, Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University
We explore an economy where number of children is endogenously determined and the cost of raising children is determined by the total number of children in the economy. We show that number of children will be too small compared to the social optimum and that the network effect may magnify the decline of "birthrate". Our analysis demonstrates that public policies to increase birthrate must take this into account when determining subsidies.
Note: May 2005
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:hit:piedp1:275
Access Statistics for this paper
More papers in Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University
Contact information at EDIRC.
Series data maintained by Digital Resources Section, Hitotsubashi University Library ().