Effects of public education and social security on fertility |
| |
Authors: | Tatsuya Omori |
| |
Institution: | (1) Faculty of Law and Economics, Mie Chukyo University, 1846 Kubo-cho, Matsusaka Mie, 515-8511, Japan |
| |
Abstract: | Introducing a fertility decision and child care cost into an overlapping generations model with public education and social
security, we examine the effects of these public policies on fertility. We show that an increase in income tax, which finances
social security benefits and public investment in education, increases fertility. On the other hand, with a constant tax rate,
a change in the allocation from social security benefits to public investment in education decreases fertility and, with a
constant social security tax, the effect of education tax on fertility is neutral.
|
| |
Keywords: | Child care cost Social security Fertility decision |
本文献已被 SpringerLink 等数据库收录! |
|