Erosa, Andrés; Fuster, Luisa; Restuccia, Diego - Instituto de Ciencias Sociales, Instituto Madrileño de … - 2009
Despite mandatory parental-leave policies being a prevalent feature of labor markets in developed countries, the aggregate effects of leave policies are not well understood. In order to assess the quantitative impact of mandated leave policies in the economy, we develop ageneral-equilibrium...