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Child allowances, fertility, and chaotic dynamics

dc.citation.epageen_US
dc.citation.issue2en_US
dc.citation.volume23en_US
dc.citation.woscount1
dc.contributor.authorChen, Hung-Juen_US
dc.contributor.authorLi, Ming-Chiaen_US
dc.contributor.department應用數學系zh_TW
dc.contributor.departmentDepartment of Applied Mathematicsen_US
dc.date.accessioned2014-12-08T15:31:24Z
dc.date.available2014-12-08T15:31:24Z
dc.date.issued2013-06-01en_US
dc.description.abstractThis paper analyzes the dynamics in an overlapping generations model with the provision of child allowances. Fertility is an increasing function of child allowances and there exists a threshold effect of the marginal effect of child allowances on fertility. We show that if the effectiveness of child allowances is sufficiently high, an intermediate-sized tax rate will be enough to generate chaotic dynamics. Besides, a decrease in the inter-temporal elasticity of substitution will prevent the occurrence of irregular cycles. (C) 2013 AIP Publishing LLCen_US
dc.identifier.doi10.1063/1.4802034en_US
dc.identifier.issn1054-1500en_US
dc.identifier.journalCHAOSen_US
dc.identifier.urihttp://dx.doi.org/10.1063/1.4802034en_US
dc.identifier.urihttps://ir.lib.nycu.edu.tw/handle/11536/22310
dc.identifier.wosnumberWOS:000321146500006
dc.language.isoen_USen_US
dc.titleChild allowances, fertility, and chaotic dynamicsen_US
dc.typeArticleen_US

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