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...

We study the effect of job displacement on fertility in a sample of white collar women in Austria. Using instrumental variables methods we show that unemploy- ment incidence as such has no negative effect on fertility decisions, but the very fact of being displaced from a career-oriented job...