increasing the employment rate, especially among women. However, part-time work comes at a cost of lower wages for workers …

This paper studies the effect of parenthood timing on future wages. Using data from the German Socio-Economic Panel … (SOEP), we employ an instrumental variable approach to identify the causal effect of delaying parenthood on wages of mothers … and fathers. Consistent with previous studies, we provide evidence for a positive delaying effect on wages. We further …