Fiscal Externalities of Becoming a Parent
Bibliographic Data
| ID | 4120551 |
|---|---|
| Authors | Douglas A Wolf (0000-0002-4203-8993, Syracuse University), Ronald D Lee (0000-0001-9755-0436, University of California, Berkeley), Timothy Miller (0000-0003-4032-7430, United Nations Economic Commission for Latin America and the Caribbean), Gretchen Donehower (University of California, Berkeley), Alexandre Genest (Employment and Social Development Canada) |
| Year | 2011 |
| Volume | 37 |
| Issue | 2 |
| Pages | 241-266 |
| Publication date | 2011-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Population and Development Review (JOURNAL) |
| Journal identifiers | ISSN: 0098-7921 • E-ISSN: 1728-4457 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1728-4457.2011.00410.x |
| PMID | 21760651 |
| PMCID | PMC3134288 |
| OpenAlex | W2108722879 |
| Language | EN |
| Citations received | 12 |
| References cited | 53 |
Theoretical and empirical results suggest that there are externalities to childbearing, but those results usually assume that these externalities accrue uniformly within a homogeneous population. We advance this argument by developing separate estimates of the fiscal externalities associated with parents-those who devote time or material resources to minor children-and nonparents. Our analysis uses data from the US Panel Study of income Dynamics on the age profiles of taxes paid and publicly funded benefts consumed by parents and nonparents, together with a previously developed intertemporal economic-demographic accounting model. The accounting framework takes into account the net fiscal impacts of future generations as well as the present population. Our findings indicate that, with a 3 percent discount rate, parents produce a substantial net fiscal externality, about $217,000 in 2009 dollars. This is equivalent to a lifetime annuity of nearly $8,100 per year beginning at age 18. The results are sensitive to both the discount rate used and the proportion of parents within the cohort
Argument (complex analysis · Demographic economics · Econometrics · Economics · Externality · Homogeneous · Microeconomics · Population · Public economics · Demography · Family Dynamics and Relationships · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics
Care Provision and the Boundaries of Production
Estimating the government public economic benefits attributed to investing in assisted reproductive technology
To what extent do welfare states compensate for the cost of children? The joint impact of taxes, benefits and public goods and services
Telling Fortunes
Less for more? Cuts to child benefits, family adjustments, and long-run child outcomes in larger families
Manifold exploitations
Horizontal and Vertical Equity Objectives of Child Benefit Systems
Children or Migrants as Public Goods
The Intergenerational Welfare State
Intergenerational Transfers, the Biological Life Cycle, and Human Society
Pathways from fertility history to later life health
Redistributional Policy in Rich Countries
Fathers Under Fire
The fertility of American women
The panel study of income dynamics
The new Americans
Work‐life policy implementation
Chapter 7 The economics of fertility in developed countries
Predicting nursing home admission in the U.S
An Overview of the Health and Retirement Study
The relation of lifetime reproduction to survivorship in women and men
Caregivers of Frail Elders
The Family as Provider of Long-Term Care
Childlessness and the Psychological Well-Being of Older Persons
An Introduction to the Taxsim Model
Throwing the Baby Out with the Bathwater
Reactions to Injustice
White and nonwhite trends in first birth timing
Taxes and the Family
When Is a Father Really Gone? Paternal–Child Contact in Father-Absent Homes
Recent Trends in the Timing of First Births in the United States
Incomplete reporting of men’s fertility in the united states and britain
Demography and the environment
Population Policy and Externalities to Childbearing
The Cost of Caring
Work-Family Backlash
Who Should Pay for the Kids
Fertility history and health in later life
Trends in cohabitation and implications for children s family contexts in the United States
Reproductive history and mortality later in life
Who Wins and Who Loses? Public Transfer Accounts for US Generations Born 1850 to 2090
Population and Resources
Re-Linking Fertility Behavior and Economic Security in Old Age
Shifting Childrearing to Single Mothers
Persistence and Change in Decisions to Remain Childless
On the Path to Adoption
Kin and Nursing Home Lengths of Stay
The Politics of Reproductive Benefits
Historical Trends in Childlessness
| Unique citing works | 12 |
|---|---|
| Citations per year | 0,92 |
| Citation span | 2013 - 2024 (12) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 12 |