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Title: Roadblocks on the Road to Grandma's House: Fertility Consequences of Delayed Retirement

Author(s): Erich Battistin, Michele De Nadai and Mario Padula

Publication Date: April 2014

Keyword(s): Fertility, Informal Child Care and Pension Reforms

Programme Area(s): Labour Economics and Public Economics

Abstract: We investigate the role of grandparental childcare for fertility decisions of their offspring. Exploiting pension reforms in Italy, we argue that delayed retirement means a negative shock to the supply of informal childcare for the next generation. We show that one additional grandparent available in the early child-bearing years increases by 5% the number of children. Effects are limited to the most familistic close-knits, and are not the mechanical consequence of changes in living arrangements, investment in education or labor supply. Given the Italian lowest low fertility, we conclude that pension reforms may have had unintended inter-generational effects.

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Bibliographic Reference

Battistin, E, De Nadai, M and Padula, M. 2014. 'Roadblocks on the Road to Grandma's House: Fertility Consequences of Delayed Retirement'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=9945