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Assessing the impact of the maternity capital policy in Russia

Slonimczyk, Fabián; & Yurko, Anna. (2014). Assessing the impact of the maternity capital policy in Russia. Labour Economics, 30, 265-81.

Slonimczyk, Fabián; & Yurko, Anna. (2014). Assessing the impact of the maternity capital policy in Russia. Labour Economics, 30, 265-81.

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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.




JOUR



Slonimczyk, Fabián
Yurko, Anna



2014


Labour Economics

30


265-81






0927-5371

10.1016/j.labeco.2014.03.004



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