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Author: Alma Cohen Publisher: ISBN: Category : Child tax credits Languages : en Pages : 36
Book Description
This paper investigates empirically whether financial incentives, and in particular governmental child subsidies, affect fertility. We use a comprehensive, nonpublic, individual-level panel dataset that includes fertility histories and detailed individual controls for all married Israeli women with two or more children from 1999-2005, a period with substantial variation in the level of governmental child subsidies but no changes in eligibility and coverage. We find a significant positive effect on fertility, with the mean level of child subsidies producing a 7.8 percent increase in fertility. The positive effect of child subsidies on fertility is concentrated in the bottom half of the income distribution. It is present across all religious groups, including the ultra-Orthodox Jewish population whose religious principles forbid birth control and family planning. Using a differences-in-differences specification, we find that a large, unanticipated reduction in child subsidies that occurred in 2003 had a substantial negative impact on fertility. Overall, our results support the view that fertility responds to financial incentives and indicate that the child subsidy policies used in many countries can have a significant influence on incremental fertility decisions.
Author: Alma Cohen Publisher: ISBN: Category : Child tax credits Languages : en Pages : 36
Book Description
This paper investigates empirically whether financial incentives, and in particular governmental child subsidies, affect fertility. We use a comprehensive, nonpublic, individual-level panel dataset that includes fertility histories and detailed individual controls for all married Israeli women with two or more children from 1999-2005, a period with substantial variation in the level of governmental child subsidies but no changes in eligibility and coverage. We find a significant positive effect on fertility, with the mean level of child subsidies producing a 7.8 percent increase in fertility. The positive effect of child subsidies on fertility is concentrated in the bottom half of the income distribution. It is present across all religious groups, including the ultra-Orthodox Jewish population whose religious principles forbid birth control and family planning. Using a differences-in-differences specification, we find that a large, unanticipated reduction in child subsidies that occurred in 2003 had a substantial negative impact on fertility. Overall, our results support the view that fertility responds to financial incentives and indicate that the child subsidy policies used in many countries can have a significant influence on incremental fertility decisions.
Author: Asako Ohinata Publisher: ISBN: Category : Languages : en Pages :
Book Description
This thesis studies how financial incentives affect women's fertility timing decisions. Each chapter investigates this question by looking at a policy that exogenously increased fertility related financial incentives. The timing impacts of these policies are estimated using a discrete-time proportional hazard model with unobserved heterogeneity. In the first chapter, the impact of the 1999 UK Working Families Tax Credit (WFTC) on the timing of birth is studied. This paper employs the 1991-2003 waves of the British Household Panel Survey and identifies the policy impact of WFTC by observing the change in the timing of birth using a difference in differences estimator. The main finding of this paper suggests little evidence of changes in the timing of all birth parity apart from first birth. Such a finding is likely to be explained by the policy design of WFTC that increased not only the fertility but also the labour supply incentives simultaneously. Moreover, a further analysis highlights the importance of other policies, which also in uenced women's labour supply during the period of study. The second chapter, on the other hand, studies the impact of the 1977-2001 US infertility health insurance mandates, which regulated the insurance companies to cover for infertility treatment cost. Although the majority of the past literature has studied impacts on older women who are likely to seek treatment, this paper proposes that the mandates may have had a wider impact on the US population. Specifically, it may have given an option for younger women to delay birth since these policies reduced the opportunity cost of having a child in the future. The chapter employs the 1980-2001 Panel Study of Income Dynamics. Results suggest a significant delay of 1-2 years in the time of first birth among highly educated white women.
Author: Anna Raute Publisher: ISBN: Category : Educational attainment Languages : en Pages : 34
Book Description
To assess whether earnings-dependent maternity leave positively impacts fertility and narrows the baby gap between high educated (high earning) and low educated (low earning) women, I exploit a major maternity leave benefit reform in Germany that considerably increases the financial incentives for higher educated and higher earning women to have a child. In particular, I use the large differential changes in maternity leave benefits across education and income groups to estimate the effects on fertility up to 5 years post reform. In addition to demonstrating an up to 22% increase in the fertility of tertiary educated versus low educated women, I find a positive, statistically significant effect of increased benefits on fertility, driven mainly by women at the middle and upper end of the education and income distributions. Overall, the results suggest that earnings-dependent maternity leave benefits, which compensate women commensurate with their opportunity cost of childbearing, could successfully reduce the fertility rate disparity related to mothers' education and earnings.
Author: Jonathan Gruber Publisher: ISBN: Category : Cesarean section Languages : en Pages : 64
Book Description
The 'induced demand' model states that in the face of negative income shocks physicians may exploit their agency relationship with patients by providing excessive care in order to maintain their incomes. We test this model by exploiting an exogenous change in the financial environment facing obstetrician/gynecologists during the 1970s: declining fertility in the U.S. We argue that the 13.5% fall in fertility over the 1970-1982 period increased the income pressure on ob/gyns, and led them to substitute from normal childbirth towards a more highly reimbursed alternative, cesarean delivery. Using a nationally representative micro-data set for this period, we show that there is a strong correlation between within state declines in fertility and within state increases in cesarean utilization. This correlation is robust to consideration of a variety of alternative hypotheses, and appears to be symmetric with respect to periods of fertility decline and fertility increase.
Author: Maria Florencia Pinto Publisher: ISBN: Category : Languages : en Pages : 39
Book Description
Armenia experienced dramatic demographic changes in the past three decades: the share of adults age 65 and over nearly doubled, the total fertility rate reduced by more than 30 percent, and the male-to-female sex ratio at birth increased to one of the world's highest. Like other middle-income countries concerned with the implications of an aging population for long-term growth and fiscal sustainability, Armenia introduced financial incentives to promote fertility. This paper estimates the effect of the 2009 reform of the universal Childbirth Benefit Program, which increased the amounts of lump sum transfers conditional on birth. The analysis relies on a quasi-experimental strategy exploiting the timing of the policy change and eligibility rule-women get a larger transfer for third and higher-order births. The findings show that the annual probability of an additional birth among women with at least two other children increased between 1.4 and 1.6 percentage points in the five years following the policy change. These effects are equivalent to 58 and 64 percent of the pre-reform birth probability for women who had at least two children. Given the previously demonstrated relationship between fertility level and sex ratio in societies with strong son preference, the reform may potentially alleviate the sex imbalance without directly targeting it. Parents who already have at least one son and are less likely to engage in sex selection and more likely to have additional births; however, the findings do not indicate a significant increase in the likelihood of having daughters.
Author: Alma Cohen
Author: Alma Cohen
Author: Cheng-Tao Tang
Author: Asako Ohinata
Author: Anna Raute
Author: Guy Laroque
Author: 
Author: Jonathan Gruber
Author: S. Anukriti
Author: Guy Laroque
Author: Maria Florencia Pinto