OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
We study how fertility responds to labor market reforms and how such adjustments affect labor supply elasticities. First, we use longitudinal Danish register data and tax-reforms from 2009 to provide empirical evidence that increased marginal net-of-tax rates of women decrease fertility while increased marginal net-of-tax rates of men increase fertility. Second, we estimate a life-cycle model of family labor supply in which couples choose the timing and number of children that reproduces the empirical results. We use the estimated model to quantify how fertility adjustments affect labor supply responses to e.g. tax reforms. We find that especially women’s wage elasticity is greatly affected by being able to adjust fertility. Our results have implications for optimal policy and suggest that tax reforms can have permanent effects through fertility adjustments.