Arbeitspapier
Fertility, female labor supply, and family policy
The present paper develops a general equilibrium model with overlapping generations and endogenous fertility in order to analyze the interaction between public policy and household labor supply and fertility decisions. The model's benchmark equilibrium reflects the current family policy consisting of joint taxation of married couples, monetary transfers and in-kind benefits which reduce the time cost of children. Then we simulate alternative reforms of the tax and the child benefit system and analyze the long-run impact on fertility and female labor supply. Our simulations indicate three central results: First, policies which simply increase the family budget either via higher transfers (direct or in-kind) or via family splitting increase fertility but reduce female employment. Second, increasing tax revenues due to the introduction of individual taxation would increase female employment but reduce fertility. Third, revenue neutral policies such as a reform of the benefit structure or a move towards individual taxation combined with an increase in in-kind benefits may achieve both goals and therefore yield significant welfare gains.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 3455
- Klassifikation
-
Wirtschaft
Marriage; Marital Dissolution; Family Structure; Domestic Abuse
Time Allocation and Labor Supply
- Thema
-
stochastic fertility
general equilibrium life cycle model
Familienpolitik
Fruchtbarkeit
Familienökonomik
Frauenerwerbstätigkeit
Allgemeines Gleichgewicht
Overlapping Generations
Wohlfahrtseffekt
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fehr, Hans
Ujhelyiova, Daniela
- Ereignis
-
Veröffentlichung
- (wer)
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Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
2025-03-10T11:42:35+0100
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Fehr, Hans
- Ujhelyiova, Daniela
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2011