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

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  • Aso, Hiroki

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.

Suggested Citation

  • Aso, Hiroki, 2021. "A note on the fertility-income relationship and childcare outside home," MPRA Paper 108543, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:108543
    as

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    File URL: https://mpra.ub.uni-muenchen.de/108543/1/MPRA_paper_108543.pdf
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    References listed on IDEAS

    as
    1. Koichi Futagami & Kunihiko Konishi, 2019. "Rising longevity, fertility dynamics, and R&D-based growth," Journal of Population Economics, Springer;European Society for Population Economics, vol. 32(2), pages 591-620, April.
    2. Creina Day, 2016. "Fertility and economic growth: the role of workforce skill composition and child care prices," Oxford Economic Papers, Oxford University Press, vol. 68(2), pages 546-565.
    3. Tamotsu Nakamura, 2018. "Solow meets Stone–Geary: Technological progress and the demographic transition," Metroeconomica, Wiley Blackwell, vol. 69(4), pages 768-790, November.
    4. Akira Yakita, 2018. "Female labor supply, fertility rebounds, and economic development," Review of Development Economics, Wiley Blackwell, vol. 22(4), pages 1667-1681, November.
    5. Yasuoka, Masaya & Miyake, Atsushi, 2010. "Change in the transition of the fertility rate," Economics Letters, Elsevier, vol. 106(2), pages 78-80, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Fertility-income relationship; Childcare outside home; Stone-Geary preferences;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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