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Assessing the Impact of the Maternity Capital Policy in Russia Using a Dynamic Model of Fertility and Employment

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. Green open access

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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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