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|Longitudinal Study:||HILDA||Title:||Did Australia's Baby Bonus Increase the fertillity Rate?||Authors:||Warren, D
|Institution:||Melbourne Institute of Applied Economic and Social Research||Publication Date:||Feb-2009||Pages:||30||Abstract:||In May 2004, the Australian government announced a “Baby Bonus” policy, paying women an initial A$3,000 per new child. We use household panel data from the Household, Income and Labour Dynamics in Australia Survey (N = 14,932) and a simultaneous equations approach to analyze the effects of this bonus on fertility intentions and ultimately births. The results indicate that opportunity costs influence intentions and births in predictable ways. Fertility intentions rose after the announcement of the Baby Bonus, and the birth rate is estimated to have risen modestly as a result. The marginal cost to the government for an additional birth is estimated to be at least A$124,000.||URL:||http://www.melbourneinstitute.com/hilda||ISBN:||ISSN 1328-4991 (Print) ISSN 1447-5863 (Online) ISBN 978-0-7340-3295-9||Research collection:||Reports and technical papers|
|Appears in Collections:||Reports|
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