Income Risk, the Tax‐benefit System and the Demand for Children

Because children represent an irreversible commitment, parents might hedge against higher income risk by having fewer children. Clive Fraser discusses why increases in income risk might have reduced prudent parents’ desired fertility.

Publication

Image courtesy of interviewee. December 4, 2019

Log-in or Sign-up to Faculti
Currently viewing this subject insight as a guest. You have insight(s) remaining for this month.

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © Faculti Media Limited 2013 - 2024. All rights reserved.
error: