%0 Report
        %A Slonimczyk, Fabian
%A Yurko, Anna
        %T Assessing the Impact of the Maternity Capital Policy in Russia Using a Dynamic Model of Fertility and Employment
        %D 2013
        %8 2013 Oct
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 7705
        %U https://www.iza.org/publications/dp7705
        %X 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.
        %K Russia
%K female labor supply
%K fertility
%K structural estimation