Assessing the Impact of the Maternity Capital Policy in Russia Using a Dynamic Model of Fertility and Employment

Fabian Slonimczyk () and Anna Yurko

No 7705, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: With declining population and fertility rates below replacement levels, Russia is currently facing a demographic crisis. Starting in 2007, the federal government has pursued an ambitious pro-natalist policy. Women who give birth to at least two children are entitled to "maternity capital" assistance ($11,000). In this paper we estimate a structural dynamic programming model of fertility and labor force participation in order to evaluate the effectiveness of the policy. We find that the program increased long-run fertility by about 0.15 children per woman.

Keywords: Russia; female labor supply; fertility; structural estimation (search for similar items in EconPapers)
JEL-codes: C61 J13 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2013-10
New Economics Papers: this item is included in nep-cis, nep-dge and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Published - revised version published in: Labour Economics, 2014, 30, 265-281

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Working Paper: Assessing the Impact of the Maternity Capital Policy in Russia Using a Dynamic Model of Fertility and Employment (2013)
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