Changes in maximum parental leave payment in Iceland and total fertility rates ...

Background:Following the 2008 financial crisis, the Icelandic Government reduced the maximum parental payment until 2016, when it was increased again. The aim of this study was to investigate the effect of the changes in the maximum parental leave payment in Iceland during 2009 and 2016 on total fer...

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Bibliographic Details
Main Author: Einarsdóttir, Kristjana
Format: Article in Journal/Newspaper
Language:unknown
Published: SAGE Journals 2021
Subjects:
Online Access:https://dx.doi.org/10.25384/sage.c.5511711
https://sage.figshare.com/collections/Changes_in_maximum_parental_leave_payment_in_Iceland_and_total_fertility_rates/5511711
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Summary:Background:Following the 2008 financial crisis, the Icelandic Government reduced the maximum parental payment until 2016, when it was increased again. The aim of this study was to investigate the effect of the changes in the maximum parental leave payment in Iceland during 2009 and 2016 on total fertility rates and birth rates during 2002–2019.Methods:Publicly available aggregated data on yearly total fertility rates, birth rates, unemployment rates, gross domestic product (GDP) and maximum parental leave payments were obtained for 2002–2019. Segmented regression analyses were used to measure the impact of changes in parental leave payment on term births for the two periods in which changes were implemented (2008–2010 and 2016–2017).Results:The decrease in maximum parental leave payment during 2008–2010 was associated with a 15% decrease in the estimated total fertility rate compared with the expected rate (−15.7%; 95% CI −22.7 to −8.7), whereas the increased payments during 2016–2017 indicated a possible 3% ...