The issue is that you've got to match the financial compensation with the expectation of future income. I'm not aware of any intervention along these lines coming close.
This is such an interesting question, because none of my intuitive explanations are borne out by the data... you see similar birth rate trends in western countries with extremely generous family leave, affordable daycare, single-payer healthcare, tuition-free college, etc.https://twitter.com/Scientific_Bird/status/1122633110288502789 …
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I think there's potentially a big difference between: "Would you like to have more children in the future?" "Would you like to have a newborn right now?" The first type of question invites people to think about an ideal world, rather than the present they are actually living.
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This is not intended to be a facetious suggestion: perhaps people's lives in the developed world are just too interesting?
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Guttle Rothschild bore 19 kids and raised the surviving 10 in a one-bedroom apartment in the Frankfurt Jewish Ghetto and together with her husband Mayer built a globe-spanning banking empire out of that family. It's not for lack of resources that we stopped having kids.
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We emphasize education & career. Young adults are delaying having children until they have completed college, and many more wait to establish their careers. By that time, age is a factor, and multiple children may be seen as a *nice idea*, but boy would they interfere with work.
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Just a hypothesis. But having children later in life *is* a trend in developed nations, which allows time for other things to take first place.
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Could it be that the idea of more children is more attractive than the reality? Kind of like McDonalds: It feels like a great idea when you’ve had none, but you don’t feel like more after you’ve had some.
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I think it’s biological. Many women (and men) I’ve seen in the west start trying to conceive when their fertility is not at peak anymore (for cultural reasons I guess?), so they miss the chance.
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I think it’s less to do with the money and more about time. Even in the best countries most have to work ~40 hours a week, leaving very little time to invest in family. It all becomes work then, in the bad sense.
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