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The responses of working hours and employment levels to temporary negative demand shocks like those caused by the Great Recession in 2007-2008 and the Covid-19 pandemic in 2020-2022 have shown that consideration of both is important. Workers' desired rises in working hours in times of recession...
Persistent link: https://www.econbiz.de/10014289702
Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing debate. One view suggests there are fundamental changes in the labor market that imply a long-term higher rate of unemployment, requiring the implementation of structural policy...
Persistent link: https://www.econbiz.de/10011413609
The earned income tax credit provides important benefits to low-income families with children in the US. At an annual cost of about $60 billion, it increases the incomes of such families while encouraging parents to work more by subsidizing their incomes. But low-income adults without children...
Persistent link: https://www.econbiz.de/10011433506
Women's labor force participation has rapidly increased in most countries, but mothers still struggle to achieve a satisfactory work-life balance. Childcare allows the primary caregiver, usually the mother, to take time away from childrearing for employment. Family policies that subsidize...
Persistent link: https://www.econbiz.de/10011436632
Female labor force participation is mainly driven by the value of women’s market wages versus the value of their non-market time. Labor force participation by women varies considerably across countries. To understand this international variation, one must further consider differences across...
Persistent link: https://www.econbiz.de/10011539181
While women's labor force participation tends to increase with economic development, the relationship is not straightforward or consistent at the country level. There is considerably more variation across developing countries in labor force participation by women than by men. This variation is...
Persistent link: https://www.econbiz.de/10011420355
Employment and labor force participation (LFP) rates have increased throughout Europe since the 1990s, with little interruption from the Great Recession. While many credit labor market reforms for this progress, ongoing educational expansion might actually be more important. This implies that...
Persistent link: https://www.econbiz.de/10011983615
In 2002, the EU set targets for expanding childcare coverage, but most of the post-socialist countries are behind schedule. While childcare expansion places a heavy financial burden on governments, low participation in the labor force by mothers, especially those with children under the age of...
Persistent link: https://www.econbiz.de/10011567191
The share of workers employed part-time increases substantially in economic downturns. How should this phenomenon be interpreted? One hypothesis is that part-time jobs are more prevalent in sectors that are less sensitive to the business cycle, so that recessionary changes in the sectoral...
Persistent link: https://www.econbiz.de/10011739923
The relationship between female labor force participation and economic development is far more complex than often portrayed in both the academic literature and policy debates. Due to various economic and social factors, such as the pattern of growth, education attainment, and social norms,...
Persistent link: https://www.econbiz.de/10011947152