A Note on Child Policy and Fertility in an Overlapping Generations Small Open Economy: When the Labour Market Institutions Matter | Zendy

Luciano Fanti | Zendy; Luca Gori | Zendy

Open Access

A Note on Child Policy and Fertility in an Overlapping Generations Small Open Economy: When the Labour Market Institutions Matter

Author(s) -

Luciano Fanti,

Luca Gori

Publication year - 2012

Publication title -

international journal of population research

Language(s) - English

Resource type - Journals

eISSN - 2090-4029

pISSN - 2090-4037

DOI - 10.1155/2012/875310

Subject(s) - fertility , allowance (engineering) , economics , small open economy , labour economics , overlapping generations model , market economy , monetary economics , population , medicine , monetary policy , operations management , environmental health

We examine how fertility reacts to the public provision of child allowances in a small open economy with overlapping generations. When the labour market is competitive, we find that a child allowance policy acts as a fertility-enhancing device. In contrast, when the labour market is unionised the child policy may be ineffective

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