This paper compares the predictive ability of the factor models of Stock and Watson (2002) and Forni, Hallin, Lippi, and Reichlin (2005) using a large panel of US macroeconomic variables. We propose a nesting procedure of comparison that clarifies and partially overturns the results of similar...

This paper examines how including latent variables can benefit propensity score matching. A researcher can estimate, based on theoretical presumptions, the latent variable from the observed manifest variables and can use this estimate in propensity score matching. This paper demonstrates the...

This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills. Skills are determined by parental environments and investments at different stages of childhood. We estimate the elasticity of substitution between investments in one period and...

This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills. Skills are determined by parental environments and investments at different stages of childhood. We estimate the elasticity of substitution between investments in one period and...

This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills. Skills are determined by parental environments and investments at different stages of childhood. We estimate the elasticity of substitution between investments in one period and...

We investigate the effects of maternity leave coverage on women?s post-birth wages, job tenure, and labor market attachment. We pay particular attention to unobservable characteristics that are correlated with maternity leave coverage and that affect labor market outcomes. We use a control...

This paper studies how an introduction of paid parental leave (PPL) affects maternal labor market outcomes in the short run. Using a reform in Australia, the PPL scheme, that gave the primary caregiver of a child born or adopted on or after January 1 2011, $672.70 a week for a maximum of 18...

Supporting working mothers to balance their work and childcare responsibilities is a central objective of maternal and parental leave policies. Nearly all countries offer some forms of maternity and family leave programs for childbearing on a national basis. This chapter reviews various types of...

Die zentrale Stoßrichtung dieser Arbeit ist es, Wege für eine erfolgreiche Familienpolitik aufzuzeigen. Basierend auf einem 16-Ländersample und unter Zuhilfenahme des neuen MVQCA-Ansatzes (eine Weiterentwicklung der QCA-Methode) werden unterschiedliche europäische familienpolitische...

Die zentrale Stoßrichtung dieser Arbeit ist es, Wege für eine erfolgreiche Familienpolitik aufzuzeigen. Basierend auf einem 16-Ländersample und unter Zuhilfenahme des neuen MVQCA-Ansatzes (eine Weiterentwicklung der QCA-Methode) werden unterschiedliche europäische familienpolitische...