Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/102147 
Year of Publication: 
2014
Series/Report no.: 
CESifo Working Paper No. 4922
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits, subsidies for external child care, and parental leave payments. We compare the impact on the quantity and quality of children, the secondary earner's labor supply and welfare. Child benefits and subsidies for external child care are more effective in balancing family and work than parental leave payments. The welfare analysis shows that the introduction of subsidies for external child care into a welfare program with child benefits makes families better off.
Subjects: 
fertility
quality of children
child care
secondary earner's labor supply
time allocation
parental leave payments
JEL: 
H31
H53
J13
J22
Document Type: 
Working Paper
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