@TechReport{iza:izadps:dp7705,
            	author={Slonimczyk, Fabian and Yurko, Anna},
            	title={Assessing the Impact of the Maternity Capital Policy in Russia Using a Dynamic Model of Fertility and Employment},
            	year={2013},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={7705},
            	url={https://www.iza.org/publications/dp7705},
	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.},
	keywords={Russia;female labor supply;fertility;structural estimation},
            }