Evaluating how child allowances and daycare subsidies affect fertility

Arbeitspapier

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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CFS Working Paper Series ; No. 568

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Fertility; Family Planning; Child Care; Children; Youth ; Demographic Economics: Public Policy ; Wages, Compensation, and Labor Costs: Public Policy ; Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡ ; Survey Methods; Sampling Methods ; Household Behavior: General ; Multiple or Simultaneous Equation Models: Classification Methods; Cluster Analysis; Principal Components; Factor Models
• Thema: childcare ; fertility ; labor supply ; vignette survey method ; public policy

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Goldstein, Joshua R. ; Koulovatianos, Christos ; Li, Jian ; Schröder, Carsten
• Ereignis: Veröffentlichung
• (wer): Goethe University Frankfurt, Center for Financial Studies (CFS)
• (wo): Frankfurt a. M.
• (wann): 2017

Weitere Informationen

• Handle: http://hdl.handle.net/10419/155334
• URN: urn:nbn:de:hebis:30:3-430067
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ