It Takes a Village: Network Effect of Child-rearing

Morihiro Yomogida, 守弘 蓬田, モリヒロ ヨモギダ, Reiko Aoki, 玲子 青木 and レイコ アオキ

No 275, Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University

Abstract: 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.

Pages: 13 pages
Date: 2005-06
Note: May 2005
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/14168/pie_dp275.pdf

Related works:
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: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.
Bibliographic data for series maintained by Digital Resources Section, Hitotsubashi University Library ().