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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.

Suggested Citation

  • Masako Kimura & Daishin Yasui, 2012. "Public Policy and the Income-Fertility Relationship in Economic Development," Discussion Papers 1224, Graduate School of Economics, Kobe University.
    • Handle: RePEc:koe:wpaper:1224
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    Cited by:

    1. Gregory Clark & Neil Cummins, 2015. "Malthus to modernity: wealth, status, and fertility in England, 1500–1879," Journal of Population Economics, Springer;European Society for Population Economics, vol. 28(1), pages 3-29, January.

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