第16期:Evaluating How Child Allowances and Daycare Subsidies Affect Fertility

发布者:系统管理员发布时间:2020-06-29浏览次数:63

题目: Evaluating How Child Allowances and Daycare Subsidies Affect Fertility
主讲人:李剑助理教授
时间:2020-07-02 2020年7月2日(周四) 14:00-15:00
地点:综合楼526 国际商学院
摘要:

We compare the cost effectiveness of two pronatalist policies: (a) child allowances; and (b)daycare subsidies. We pay special attention to estimating how intended fertility (fertility before children are born) responds to these policies. We use two evaluation tools: (i) a dynamic model on fertility, labor supply, outsourced childcare time, parental time, asset accumulation and consumption; and (ii) randomized vignette-survey policy experiments.We implement both tools in the United States and Germany, finding consistent evidencethat daycare subsidies are more cost effective. Nevertheless, the required public expenditure to increase fertility to the replacement level might be viewed as prohibitively high.

 

Keywords: Childcare, fertility, labor supply, vignette survey method, public policy



主讲人简介:

Jian Li holds Ph.D. in Economics from Goethe University Frankfurt, previously he worked as Postdoctoral Research Associate at University of Luxembourg. He is currently Assistant Professor at Zhejiang Gongshang University. Jian’s research interests cover a broad range of topics in economics and finance, including household finance, capital flows and ageing, and financial stability. His work has been published in journals as Economics Letters, China Economic Review, International Journal of Finance and Economics etc.