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Public Policy and the Income-Fertility Relationship in Economic Development

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  • Masako Kimura

    ()
    (Nagoya City University)

  • Daishin Yasui

    ()
    (Kobe University)

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    Abstract

    In the pre-industrial era, there was a positive association between income and fertility across households within societies, but in the modern era, a clear association does not seem to exist, neither positive nor negative. Why the income-fertility relationship within societies changed over time is an unsolved puzzle in the history of economic growth, one that has been raised by Gregory Clark (e.g., A Farewell to Alms, 2007). This paper suggests that public policy for children has a key role in solving this puzzle. The interaction between changes in public policy for children and economic development generates changes in the income-fertility relationship across households, as well as hump-shaped dynamics of the average fertility rate over time.

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    File URL: http://www.kier.kyoto-u.ac.jp/DP/DP834.pdf
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    Bibliographic Info

    Paper provided by Kyoto University, Institute of Economic Research in its series KIER Working Papers with number 834.

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    Length: 37pages
    Date of creation: Dec 2012
    Date of revision:
    Handle: RePEc:kyo:wpaper:834

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