Optimal parental leave subsidization with endogenous fertility and growth.

Autor/inn/en	Yew, Siew Ling; Li, Shuyun May; Moslehi, Solmaz
Titel	Optimal parental leave subsidization with endogenous fertility and growth. Gefälligkeitsübersetzung: Optimale Subventionierung des Elternurlaubs bei endogener Fertilität und Wachstum.
Quelle	In: Economic inquiry, 62 (2024) 1, S. 97-125 PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
ISSN	1465-7295
DOI	10.1111/ecin.13165
Schlagwörter	Bildung; Elterngeld; Elternzeit; Familienpolitik; Sozialhilfe; Fruchtbarkeit; Finanzierung; Investition; Steuer; Wirtschaftswachstum; Subventionierung; Auswirkung; Optimierung; USA
Abstract	"We examine the growth and welfare effects of parental leave subsidization in a life-cycle dynastic model with human capital externality. Such externality causes higher fertility, less parental time and expenditure on child human capital, and lower growth and welfare than the efficient levels. Efficient policies require subsidizing work leave, which includes parental leave, and labor income financed by a lump-sum tax. Calibration based on the U.S. data implies that a fully-covered leave duration of 7.8 weeks per parent financed by an increase in labor income tax would increase the annual growth rate by 0.06 percentage points and welfare by 0.027%." The study refers to the period 2011-2015. (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons)..
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2024/1