TY  - UNPD
A1  - Goldstein, Joshua Robert
A1  - Koulovatianos, Christos
A1  - Li, Jian
A1  - Schröder, Carsten
T1  - Evaluating how child allowances and daycare subsidies affect fertility
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 568
N2  - 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.
T3  - CFS working paper series - 568 
KW  - childcare
KW  - fertility
KW  - labor supply
KW  - vignette survey method
KW  - public policy
Y1  - 2017
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/43006
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-430067
UR  - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2918877
IS  - This version: January 31, 2017
PB  - Center for Financial Studies
CY  - Frankfurt, M.
ER  -