Do the social benefits increase fertility? The analysis of the Czech Republic

This paper analyzes the impact of selected factors on the fertility in the Czech Republic. It estimates basic and additional econometric models. The basic models are estimated on a dataset, which is composed of data from the 2004:01 -- 2013:12. Furthermore, additional estimated models are composed of data from 2004:01 -- 2012:03. The main determinants of the dependent variable (fertility) are men's wages, women's wages, men's unemployment, women's unemployment, child allowances, parental allowance, childbrith, social benefit and education of women. Determinants of fertility are based on previous studies and Becker's theory of demand for children. The results of the estimated models show that in the reviewed period most of the social benefits have positive impact on the fertility