The thesis analyzes the changing employment and economic situation of females when they become mothers. Two major questions are focused in the thesis: First, when do mothers return to their previous employment after bearing a child? Secondly, what are the individual economic consequences after...

This thesis shows that women's labour market participation, macroeconomic growth and family policies are closely linked to each other. Whereas there exists clear theoretical and empirical evidence that female labour market participation unambiguously promotes GDP growth, the inverse impact of...