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Public Policy and the Income-Fertility Relationship in Economic Development

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  • Masako Kimura

    ()

    (Graduate School of Economics, Nagoya City University)

  • Daishin Yasui

    ()

    (Graduate School of Economics, Kobe University)

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.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2012/1224.pdf
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Paper provided by Graduate School of Economics, Kobe University in its series Discussion Papers with number 1224.

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Length: 36pages
Date of creation: Dec 2012
Date of revision:
Handle: RePEc:koe:wpaper:1224
Contact details of provider: Web page: http://www.econ.kobe-u.ac.jpEmail:


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