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The Narrow Path of Policies

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  • Livi Bacci, Massimo

Abstract

Low fertility in Italy has diseconomies that are widely recognized, but public transfers to families and children are way below the EU average. A proposal that could have pro-natalist effects envisages the creation of a fund for each newborn that would be accrued by yearly public transfers (and, within limits, by donations of relatives). Up to fifty percent of the yearly transfer can be used by the family in order to support the child. The fund comes to maturity when the child comes of age: at this point the young may use it in order to improve his education, as a startup for an economic activity or for any other productive use. Repayment is spread over the working life.

Suggested Citation

  • Livi Bacci, Massimo, 2004. "The Narrow Path of Policies," Discussion Paper 239, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  • Handle: RePEc:hit:piedp1:239
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    File URL: https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/14278/pie_dp239.pdf
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    Cited by:

    1. Maria Castiglioni & Gianpiero Dalla Zuanna, 2009. "Marital and Reproductive Behavior in Italy After 1995: Bridging the Gap with Western Europe?," European Journal of Population, Springer;European Association for Population Studies, vol. 25(1), pages 1-26, February.

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