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Fertility and Labor Share of Child Care Service

Author

Listed:
  • Masaya Shintani

    (Graduate School of Economics, Kobe University)

  • Masaya Yasuoka

    (School of Economics, Kwansei Gakuin University)

Abstract
Our paper presents an examination of how preferences for rearing children affect fertility and income growth. As described in reports of the related literature, an aging society with an increase in life expectancy reduces fertility because the preference for children decreases relatively. However, in the model with the endogenous child care service price, a decrease in preference for children does not always reduce fertility because a decrease in the price of child care service raises fertility. Then, income growth can not decrease because fertility does not always increase. The subsidy for child care service increases both the share of using child care service and the labor share of the child care service sector. Then, the wage rate of the child care service sector rises, too.

Suggested Citation

  • Masaya Shintani & Masaya Yasuoka, 2019. "Fertility and Labor Share of Child Care Service," Discussion Paper Series 194, School of Economics, Kwansei Gakuin University.
  • Handle: RePEc:kgu:wpaper:194
    as

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    File URL: http://192.218.163.163/RePEc/pdf/kgdp194.pdf
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    References listed on IDEAS

    as
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    6. Akira Yakita, 2001. "Uncertain lifetime, fertility and social security," Journal of Population Economics, Springer;European Society for Population Economics, vol. 14(4), pages 635-640.
    7. Grossman, Gene M. & Yanagawa, Noriyuki, 1993. "Asset bubbles and endogenous growth," Journal of Monetary Economics, Elsevier, vol. 31(1), pages 3-19, February.
    8. van Groezen, Bas & Leers, Theo & Meijdam, Lex, 2003. "Social security and endogenous fertility: pensions and child allowances as siamese twins," Journal of Public Economics, Elsevier, vol. 87(2), pages 233-251, February.
    9. Bas Groezen & Lex Meijdam, 2008. "Growing old and staying young: population policy in an ageing closed economy," Journal of Population Economics, Springer;European Society for Population Economics, vol. 21(3), pages 573-588, July.
    10. Masaya Yasuoka, 2013. "Subsidies for Elderly Care in Pay-As-You-Go Pension," Discussion Paper Series 109, School of Economics, Kwansei Gakuin University, revised Sep 2013.
    11. Fanti, Luciano & Gori, Luca, 2009. "Population and neoclassical economic growth: A new child policy perspective," Economics Letters, Elsevier, vol. 104(1), pages 27-30, July.
    12. Yasuoka, Masaya & Miyake, Atsushi, 2010. "Change in the transition of the fertility rate," Economics Letters, Elsevier, vol. 106(2), pages 78-80, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Fertility; Income growth; Two sector model;
    All these keywords.

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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