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Who Owns Children and Does it Matter?

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NBER2010-01-01 更新2025-01-04 收录
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Is there an economic rationale for pronatalist policies? In this paper we propose and analyze a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The friction we investigate is related to the ownership of children.

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2010-01-01
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