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Child Allowances, Fertility, and Uncertain Lifetime

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  • Megumi Mochida

    (Graduate School of Economics, Osaka University)

Abstract

We examine how child-allowance policies with pay-as-you-go systems affect fertility and growth rates. A current method to subsidize child-rearing households, which determines benefits according to family fs number of children, increases the fertility rate but decreases the growth rate. This study also demonstrates that when a government initiates a child-allowance policy using some part of the pension budget, the fertility rate declines in aging economies.

Suggested Citation

  • Megumi Mochida, 2005. "Child Allowances, Fertility, and Uncertain Lifetime," Discussion Papers in Economics and Business 05-11, Osaka University, Graduate School of Economics.
    • Handle: RePEc:osk:wpaper:0511
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    File URL: http://www2.econ.osaka-u.ac.jp/library/global/dp/0511.pdf
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    References listed on IDEAS

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    Cited by:

    1. Michele BOLDRIN & Mariacristina DE NARDI & Larry E. JONES, 2015. "Fertility and Social Security," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 81(3), pages 261-299, September.
    2. Chen, Hung-Ju & Fang, I-Hsiang, 2013. "Migration, social security, and economic growth," Economic Modelling, Elsevier, vol. 32(C), pages 386-399.

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    More about this item

    Keywords

    Fertility; Social security; Uncertain lifetime.;
    All these keywords.

    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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