A note on the fertility-income relationship and childcare outside home
Hiroki Aso
MPRA Paper from University Library of Munich, Germany
Abstract:
This study constructs an overlapping generations model with Stone-Geary preferences and child care outside home. When income is sufficiently large, individuals can afford to have more children due to childcare services outside home. As a result, we demonstrate the demographic transition; thereafter fertility rebound and eventually decreasing fertility.
Keywords: Fertility-income relationship; Childcare outside home; Stone-Geary preferences (search for similar items in EconPapers)
JEL-codes: J11 J13 (search for similar items in EconPapers)
Date: 2021-07-01
New Economics Papers: this item is included in nep-dge
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:108543
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