An econometric analysis of the effects of family benefit policies on fertility, saving and labour force participation in Australia.

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This project will help to 'strengthen Australia's economic fabric' by improving our understanding of the effect of family benefit policies on fertility, saving and labour force participation. This is important because boosting fertility and labour force participation are both seen as ways of mitigating the economic burden of population ageing, thereby helping Australia to 'age well, age productively' in a national sense. Also, achieving a desired level of national saving is a medium term goal of government economic policy. Hence it is important to understand the interaction of saving, fertility and labour force participation in order to develop compatible and effective economic policies.