Social Security Policies Linked to Decline in Fertility Rates Over Time
Government policies like social security can impact how many children people have. When social security is introduced, it can make parents less likely to have kids because they see children as investments and social security reduces the need for more kids. Historical data from 11 countries between 1750-2000 shows that as societies age, fertility rates go up, but when social security is in place, fertility rates go down. This means that child support can actually increase the number of children people have.