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Fertility, Marriage and Female Labor Supply: Implications for Public Policy in Aging Societies

Research Project

Project/Area Number 17H02537
Research Category

Grant-in-Aid for Scientific Research (B)

Allocation TypeSingle-year Grants
Section一般
Research Field Public finance/Public economy
Research InstitutionNational Graduate Institute for Policy Studies

Principal Investigator

Hsu Minchung  政策研究大学院大学, 政策研究科, 准教授 (20467062)

Co-Investigator(Kenkyū-buntansha) 藤本 淳一  政策研究大学院大学, 政策研究科, 准教授 (00507907)
Chen Stacey  東京大学, 大学院公共政策学連携研究部・教育部, 教授 (40785680)
Project Period (FY) 2017-04-01 – 2021-03-31
Project Status Completed (Fiscal Year 2022)
Budget Amount *help
¥13,780,000 (Direct Cost: ¥10,600,000、Indirect Cost: ¥3,180,000)
Fiscal Year 2020: ¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2019: ¥2,470,000 (Direct Cost: ¥1,900,000、Indirect Cost: ¥570,000)
Fiscal Year 2018: ¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2017: ¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Keywordsfertility / marriage / labor supply / Fertility / Marriage / Female Labor Supply / labor market / aging / population policy / life-cycle model / Low Fertility / Aging / Population Aging / Female labor supply / child care / Marriage market / Labor market / cross-country study
Outline of Final Research Achievements

We have developed two main research projects under this Kakenhi. The first project is to study marriage and fertility decisions in Japan and derive meaningful implications on population policy. We developed a life-cycle model and conducted experiments to explore the effects of changes in education and labor market conditions on marriage and fertility. Our findings suggest that a worsened labor market condition affects men’s marriage decisions significantly which may reduce the marriage rate as well as the aggregate fertility rate in the long run.
The second project is to study female labor supply and tax reforms in Japan. There were reforms on the spousal tax deductions conducted in 2004 and 2018. The aim of this project is to investigate the effects of these reforms on the female labor supply and discuss if alternative designs of spousal tax deduction can be more effective in encouraging female labor supply.

Academic Significance and Societal Importance of the Research Achievements

Japan is an aging society with a long life expectancy and a low fertility rate. This study delivers useful implications on how to improve fertility and the labor force in Japan. The findings emphasize the influence of the labor market/tax on marriage decisions, fertility, and female labor supply.

Report

(5 results)
  • 2022 Final Research Report ( PDF )
  • 2020 Annual Research Report
  • 2019 Annual Research Report
  • 2018 Annual Research Report
  • 2017 Annual Research Report
  • Research Products

    (18 results)

All 2022 2021 2020 2019 2018 2017 Other

All Journal Article (7 results) (of which Int'l Joint Research: 7 results,  Peer Reviewed: 5 results) Presentation (10 results) (of which Int'l Joint Research: 2 results,  Invited: 8 results) Remarks (1 results)

  • [Journal Article] Economic fluctuations, volatility changes and the role of government spending in China: A structural analysis2020

    • Author(s)
      Minchung Hsu, Junsang Lee and Min Zhao
    • Journal Title

      Pacific Economic Review

      Volume: 25 Issue: 4 Pages: 512-538

    • DOI

      10.1111/1468-0106.12302

    • Related Report
      2019 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] The Impacts of Policy Infrastructures on the International Use of the Chinese Renminbi: A Cross-Country Analysis2020

    • Author(s)
      H. Chey and Minchung Hsu
    • Journal Title

      Asian Survey

      Volume: 60 (2) Issue: 2 Pages: 221-244

    • DOI

      10.1525/as.2020.60.2.221

    • Related Report
      2019 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Demographic Turbulence and Its Costs: The Challenges for Japan2019

    • Author(s)
      Minchung Hsu
    • Journal Title

      In Focus, Antall Jozsef Knowledge Centre

      Volume: 3 Pages: 9-11

    • Related Report
      2019 Annual Research Report
    • Int'l Joint Research
  • [Journal Article] Demographic Change and Long-term Growth in China: Past Developments and the Future Challenge of Aging2018

    • Author(s)
      Minchung Hsu, Pei-Ju Liao and Min Zhao
    • Journal Title

      Review of Development Economics

      Volume: 印刷中 Issue: 3 Pages: 928-952

    • DOI

      10.1111/rode.12405

    • Related Report
      2018 Annual Research Report 2017 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Tax incentives and foreign direct investment in China2018

    • Author(s)
      Hsu Minchung、Lee Junsang、Leon-Gonzalez Roberto、Zhao and Yanqing
    • Journal Title

      Applied Economics Letters

      Volume: 26 Issue: 9 Pages: 777-780

    • DOI

      10.1080/13504851.2018.1495817

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Population Aging and Health Care: The Challenges for Japan2018

    • Author(s)
      Minchung Hsu
    • Journal Title

      Vanguardia Dossier

      Volume: 69 Pages: 66-69

    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Journal Article] Population Aging, Health Care, and Fiscal Policy Reform: The Challenges for Japan2017

    • Author(s)
      Hsu Minchung、Yamada Tomoaki
    • Journal Title

      The Scandinavian Journal of Economics

      Volume: 印刷中 Issue: 2 Pages: 1-36

    • DOI

      10.1111/sjoe.12280

    • Related Report
      2018 Annual Research Report 2017 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Presentation] Long-term Care for Married and Single Individuals2022

    • Author(s)
      Minchung Hsu
    • Organizer
      Macroeconomics Workshop, Kobe University
    • Related Report
      2020 Annual Research Report
    • Invited
  • [Presentation] Long-term Care for Married and Single Individuals2022

    • Author(s)
      Minchung Hsu
    • Organizer
      Economics Seminar, Tohoku University
    • Related Report
      2020 Annual Research Report
    • Invited
  • [Presentation] Lecture on Life-Cycle Models2021

    • Author(s)
      Minchung Hsu
    • Organizer
      Invited Lecture at National Taiwan University
    • Related Report
      2019 Annual Research Report
    • Invited
  • [Presentation] Long-term Care for Singles and Married Couples2021

    • Author(s)
      Minchung Hsu
    • Organizer
      National Taiwan University Macroeconomics Seminar
    • Related Report
      2019 Annual Research Report
    • Invited
  • [Presentation] Precautionary Saving and Employment-based Health Insurance2020

    • Author(s)
      Minchung Hsu
    • Organizer
      Economics Seminar, National Cheng-Kung University
    • Related Report
      2019 Annual Research Report
    • Invited
  • [Presentation] Market Participation: Implications for the Shrinking Population in Japan2019

    • Author(s)
      Minchung Hsu
    • Organizer
      NTU-GRIPS joint workshop in macroeconomics and policy
    • Related Report
      2018 Annual Research Report
    • Invited
  • [Presentation] Pension extension in developing economies2018

    • Author(s)
      Minchung Hsu
    • Organizer
      SAET Annual Conference
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Marriage, Fertility, and Labor Market Participation: Implications for the Shrinking Population in Japan2018

    • Author(s)
      Minchung Hsu
    • Organizer
      Macroeconomics Workshop at ANU
    • Related Report
      2018 Annual Research Report
    • Invited
  • [Presentation] Reforming Medicaid long-term care insurance2017

    • Author(s)
      Gary Hansen, Minchung Hsu and Elena Kapatina
    • Organizer
      Society for Economic Dynamics Annual Meeting, Edinburgh
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Reform of long-term care insurance2017

    • Author(s)
      Minchung Hsu
    • Organizer
      NTU macroeconomics workshop
    • Related Report
      2017 Annual Research Report
    • Invited
  • [Remarks] Minchung Hsu

    • URL

      http://www3.grips.ac.jp/~minchunghsu/

    • Related Report
      2017 Annual Research Report

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Published: 2017-04-28   Modified: 2024-01-30  

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