TY  - RPRT
        AU  - Slonimczyk, Fabian
AU  - Yurko, Anna
        TI  - Assessing the Impact of the Maternity Capital Policy in Russia Using a Dynamic Model of Fertility and Employment
        PY  - 2013/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 7705
        UR  - https://www.iza.org/index.php/publications/dp7705
        AB  - 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.
        KW  - Russia
KW  - female labor supply
KW  - fertility
KW  - structural estimation
        ER  -