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Evaluating How Child Allowances and Daycare Subsidies Affect Fertility
Goldstein, Joshua R.; KOULOVATIANOS, Christos; LI, Jian et al.
2017
 

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Keywords :
Childcare; labor supply; vignette survey method
Abstract :
[en] We compare the cost effectiveness of two pronatalist policies: (a) child allowances; and (b) daycare subsidies. We pay special attention to estimating how intended fertility (fertility before children are born) responds to these policies. We use two evaluation tools: (i) a dynamic model on fertility, labor supply, outsourced childcare time, parental time, asset accumulation and consumption; and (ii) randomized vignette-survey policy experiments. We implement both tools in the United States and Germany, finding consistent evidence that daycare subsidies are more cost effective. Nevertheless, the required public expenditure to increase fertility to the replacement level might be viewed as prohibitively high.
Disciplines :
Special economic topics (health, labor, transportation...)
Author, co-author :
Goldstein, Joshua R.;  Berkeley University of California - UC Berkeley > Demography > Professor
KOULOVATIANOS, Christos  ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
LI, Jian ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Schroeder, Carsten;  German Institute for Economic Research (DIW) ; Freie Universität Berlin > Economics > Professor
Language :
English
Title :
Evaluating How Child Allowances and Daycare Subsidies Affect Fertility
Publication date :
31 January 2017
Available on ORBilu :
since 24 February 2017

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