In a life-cycle dynastic family model with endogenous fertility, labor-leisure, and accumulations of human and physical capital, this study examines the growth and welfare effects of parental leave subsidization when there is human capital externality. Compared with the social optimum, such...

The current COVID-19 pandemic has generated unprecedented disruption in the tourism sector, requiring innovative solutions to reshape future work for sustainability. Despite the several benefits of tourism and innovation, studies examining the interlinkages among tourism, pandemic uncertainty,...