Subsidy Policies in a Fertility Choice Model
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Subsidy Policies in a Fertility Choice ModelAutor(es)
Data
2001Cita bibliográfica
Gómez, M.A. Subsidy policies in a fertility choice model. Atlantic Economic Journal 29, 438–449 (2001). https://doi.org/10.1007/BF02299332
Resumo
[Abstract]: This paper compares the effects that a subsidy to health expenditure or a subsidy to childrearing costs has in a fertility choice model in which mortality is also endogenously determined.
Whichever subsidy is instituted, the population growth rate rises. While a subsidy to health
expenditure reduces welfare, a subsidy to child-rearing costs might increase welfare. The
welfare analysis also suggests that a subsidy to health expenditure should be financed by a
capital income tax, while a subsidy to child-rearing costs should be financed by a consumption tax.
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ISSN
0197-4254