US Fertility and the Tax Reform Act of 1986
نویسندگان
چکیده
Marginal tax rate changes have the ability to affect fertility decisions by altering the opportunity cost of time through a change in the after-tax wage. Using a natural experiments framework developed to examine women’s labor force participation we investigate the effect of the Tax Reform Act of 1986 on marital fertility. The data were from the March Current Population Survey. We find the women who faced the largest drop in their marginal tax rate increased their fertility by 15 percent after TRA86 relative to a control group who faced a smaller cut. (JEL J13)
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