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Assessing the impact of the maternity capital policy in Russia

Citation

Slonimczyk, Fabián & Yurko, Anna (2014). Assessing the impact of the maternity capital policy in Russia. Labour Economics, 30, 265-281.

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.

URL

http://dx.doi.org/10.1016/j.labeco.2014.03.004

Reference Type

Journal Article

Year Published

2014

Journal Title

Labour Economics

Author(s)

Slonimczyk, Fabián
Yurko, Anna