Arbeitspapier
Does pro-poulation policy raise per capita consumption?
We theoretically analyze the effects of a child allowance, an improvement in the efficiency of child rearing and a labor income tax on the fertility rate and per capita consumption. The effects on per capita consumption are opposite in the absence, and the presence, of unemployment. For example, a child allowance urges people to have more children and allocate more labor to child rearing, decreasing labor supply for the purpose of commodity production. Therefore, under full employment, it decreases per capita consumption. In the presence of unemployment, however, it reduces the deflationary gap and hence stimulates per capita consumption.
- Language
-
Englisch
- Bibliographic citation
-
Series: ISER Discussion Paper ; No. 697
- Classification
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Fertility; Family Planning; Child Care; Children; Youth
- Subject
-
child allowance
child rearing
endogenous fertility
wage income tax
unemployment
Bevölkerungspolitik
Gesamtwirtschaftlicher Konsum
Kinderbetreuung
Familienleistungsausgleich
Fertilität
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Hashimoto, Ken-ichi
Ono, Yoshiyasu
- Event
-
Veröffentlichung
- (who)
-
Osaka University, Institute of Social and Economic Research (ISER)
- (where)
-
Osaka
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hashimoto, Ken-ichi
- Ono, Yoshiyasu
- Osaka University, Institute of Social and Economic Research (ISER)
Time of origin
- 2007
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