A note on the fertility-income relationship and childcare outside home

Aso, Hiroki (2021): A note on the fertility-income relationship and childcare outside home.

Abstract

This study constructs an overlapping generations model with Stone-Geary preferences and child care outside home. When income is sufficiently large, individuals can afford to have more children due to childcare services outside home. As a result, we demonstrate the demographic transition; thereafter fertility rebound and eventually decreasing fertility.

• Item Type: MPRA Paper
• Language: English
• Keywords: Fertility-income relationship, Childcare outside home, Stone-Geary preferences
• Subjects: J - Labor and Demographic Economics > J1 - Demographic Economics > J11 - Demographic Trends, Macroeconomic Effects, and Forecasts; J - Labor and Demographic Economics > J1 - Demographic Economics > J13 - Fertility ; Family Planning ; Child Care ; Children ; Youth

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