Slonimczyk, F;
Yurko, A;
(2013)
Assessing the Impact of the Maternity Capital Policy in
Russia Using a Dynamic Model of Fertility and
Employment.
(Economics and Business Working Paper
125).
Centre for Comparative Economics, SSEES, UCL: London, UK.
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Abstract
With declining population and fertility rates below replacement levels, Russia is currently facing a demographic crisis. Starting in 2007, the federal government has pursued an ambitious pro-natalist policy. Women who give birth to at least two children are entitled to “maternity capital” assistance ($11,000). In this paper we estimate a structural dynamic programming model of fertility and labor force participation in order to evaluate the effectiveness of the policy. We find that the program increased long-run fertility by about 0.15 children per woman.
| Type: | Working / discussion paper |
|---|---|
| Title: | Assessing the Impact of the Maternity Capital Policy in Russia Using a Dynamic Model of Fertility and Employment |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://www.ucl.ac.uk/ssees/publishing/economics-an... |
| Language: | English |
| Keywords: | Fertility, female labor supply, structural estimation, Russia |
| UCL classification: | UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES |
| URI: | https://discovery.ucl.ac.uk/id/eprint/1417195 |
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