G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4995
DP4995 Equilibria in a Dynamic Global Game: The Role of Cohort Effects
Paul Heidhues; Nicolas Melissas
发表日期2005-04-23
出版年2005
语种英语
摘要There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household level. We put forward an identification strategy that relies on the fact that variation of wages induces variation in benefits and tax credits among 'comparable' households. We implement this approach by estimating a discrete choice model of female participation and fertility, using individual data from the French Labor Force Survey and a fairly detailed representation of the French tax-benefit system. Our results suggest that financial incentives play a notable role in determining fertility decisions in France, both for the first and for the third child. As an example, an unconditional child benefit with a direct cost of 0:3% of GDP might raise total fertility by about 0:3 point.
主题Labour Economics ; Public Economics
关键词Population Fertility Incentives Benefits
URLhttps://cepr.org/publications/dp4995
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533893
推荐引用方式
GB/T 7714
Paul Heidhues,Nicolas Melissas. DP4995 Equilibria in a Dynamic Global Game: The Role of Cohort Effects. 2005.
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