Child rearing subsidies and fertility in small open economies with life uncertainty

Luciano Fanti

Discussion Papers from Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy

Abstract: We examine how subsidy policies to support child-rearing affect the fertility rate in a standard OLG small open economy with life uncertainty and involuntary bequests. It is shown the counter-intuitive result that increasing the child grant may actually reduce the long-run fertility rate.

Date: 2012-09-01
New Economics Papers: this item is included in nep-dem and nep-dge
Note: ISSN 2039-1854
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Persistent link: https://EconPapers.repec.org/RePEc:pie:dsedps:2012/148

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