We investigate the impact of government-provided child care on women's careers. Using a unique employer-employee matched data set from Germany, we find that mothers in low child care counties experience a 25% larger earnings penalty than mothers in high child care counties. This penalty is...

The gender pension gap in Germany amounts on average to 26 %. It starts to form at the age of 35 years. When entering retirement, women need an extra amount of roughly 25,000 Euro in nominal terms if they aim at closing this gap. A 40 year old woman would have to save an extra 2.3% of her annual...

In a competitive managerial labor market, compensation contracts should not depend on public attitudes or social norms regarding income inequality or 'fair pay'. In contrast to the standard view of optimal incentive design, we find that public opinion impacts executive compensation. We show that...