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KMID : 1001320140410020213
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Social Welfare Policy
2014 Volume.41 No. 2 p.213 ~ p.238
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The Combined Impact of Family Policies on Fertility and Female Labor Force Participation in 21 OECD Countries
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Kim Sa-Hyun
Hong Kyung-Zoon
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Abstract
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Most of welfare states have several different types of family policies for social and economic goals, in particular the increase of fertility and female labor force participation. This article explores how different types of family policies influence on these two objectives. Using panel data drawn from OECD database and World Bank, we test the combined impact of three types of family policies on above two objectives in macro level. The three types or dimensions of family policies are cash transfer (in-cash), leave entitlement(in-time) and care service(in-kind) for children. This research focuses specifically on the marginal effect of these three policy types to explore the combination of family policies in welfare states. The result of analysis shows that there are not only the separate effects but also the combined effects of each family policy on two macro objectives. However, this result is changed when considering family regime types. Through this result, we could confirm once again that proper policy selection and combination considering the actual situations in each country is required to achieve two conflict goals.
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KEYWORD
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family policy, fertility, female labor force participation, combination of policies, policy balancing, interaction effect, welfare regime, panel simultaneous equation
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