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.
|Autori:||Fanti Luciano; Gori Luca|
|Titolo:||A note on child policy and fertility in an overlapping generations small open economy: when the labour market institutions matter|
|Anno del prodotto:||2012|
|Digital Object Identifier (DOI):||10.1155/2012/875310|
|Appare nelle tipologie:||1.1 Articolo in rivista|