We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous accumulation of human capital and intertemporal non- separabilities in preferences. Additionally, the model accounts for the effect of the tax and transfer system on work...

In this paper we use a dynamic structural life-cycle model to analyze the employment, fiscal and welfare effects induced by unemployment insurance. The model features a detailed specification of the tax and transfer system, including unemployment insurance benefits which depend on an...

How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...

This paper examines the impacts of recent Australian welfare to work reforms for low-income parents of school-aged children who had been in receipt of Parenting Payment – the main welfare payment for this group – for at least one year. Specifically, the reforms introduced a requirement to...

Based on findings from high-income countries, typically economists hypothesize that having more children unambiguously decreases the time mothers spend in the labor mar- ket. Few studies on lower-income countries, in which low household wealth, informal child care, and informal employment...

We estimate the causal relationship between family size and labour market outcomes for families in low fertility and low female employment regime. Family size is instrumented using twinning and gender composition of the first two children. Among families with at least one child we identify the...

Parental leave and child care are important instruments of family policies to improve work– family balance. This paper studies the impact of the substantial change in Germany’s parental leave system on maternal employment. The aim of the reform was to decrease birth-related maternal...

We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...

In this paper, we estimate the impact on female labor force participation of a massive conditional cash transfer program-Universal Child Allowance, AUH-launched in Argentina in 2009. We identify the intention-to-treat effect by comparing eligible and non-eligible women over time through a...

This paper investigates the effect of ethnicity on time spent on overlapped household production, work and leisure activities employing the 2000-2001 UK Time Use Survey. We find that, unconditionally, white females manage to "stretch" their time the most by an additional 233 minutes per day and...