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Previous studies report a wide range of estimates for how female labor supply responds to childcare prices. We shed new … and increasing childcare at home. Parents also reduce informal childcare indicating that public daycare and informal … childcare are complements. Female labor force participation declines and the response is strongest for single parents and low …
Persistent link: https://www.econbiz.de/10010540257
Exploiting the exogenous variation in childcare costs caused by a Swedish childcare reform, we are able to identify the … causal effect of childcare costs on fertility in a context in which childcare enrollment is almost universal, user fees are … low, and the labor force participation of mothers is very high. Anticipation of a reduction in childcare costs increased …
Persistent link: https://www.econbiz.de/10008671728
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper is the first to provide detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our...
Persistent link: https://www.econbiz.de/10010691459
The labor-leisure distortion of a pay-as-you-go pension system can be reduced through a stronger tax-benefit link or Bismarck pension system. Distortions of the fertility decision can be reduced through the introduction of a stronger child-benefit or child pension system.Within our optimal...
Persistent link: https://www.econbiz.de/10005765728
A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and education, we discuss internalization policies...
Persistent link: https://www.econbiz.de/10005766193
This paper discusses alternative ways to deal with the positive externalities of having children in a pay-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an endogenous labor supply setting, both instruments are...
Persistent link: https://www.econbiz.de/10005181485
This paper investigates the question whether long-term human capital outcomes are affected by the duration of maternity leave, i.e. by the time mothers spend at home with their newborn before returning to work. Employing RD and difference-in-difference approaches, this paper exploits an...
Persistent link: https://www.econbiz.de/10010877875
Public child care is expected to assist families in reconciling work with family life. Yet, empirical evidence for the relevance of public child care to maternal employment is inconclusive. We exploit the introduction of a legal claim to a place in kindergarten in Germany, which was contingent...
Persistent link: https://www.econbiz.de/10010638847
Analyzing a homogenous household setting with endogenous fertility and endogenous labor supply, we demonstrate that moving from joint taxation to individual taxation and adapting child benefits so as to keep fertility constant entails a Pareto improvement. The change is associated with an...
Persistent link: https://www.econbiz.de/10005181258
We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...
Persistent link: https://www.econbiz.de/10010948876