In many parts of the developed world, governments devote a significant share of public funds to unconditional family cash transfers in an attempt to promote the economic well-being of households. But how successful are such policies? Germany has one of the world’s most generous child benefit...

Parental leave regulations in most OECD countries have two key policy instruments: job protection and cash benefits. This paper studies how mothers' return to work behavior and labor market outcomes are affected by alternative mixes of these key policy parameters. Exploiting a series of major...