Hotchkiss, Julie L.; Pitts, M. Melinda; Walker, Mary Beth - Federal Reserve Bank of Atlanta - 2008
Recent trends in the labor force participation of women have brought much public attention to the issue of women opting … out. This paper explores the decision of working women to exit the labor market at a time of major transition—the birth of …, consistent with utility maximization theory, women are not just opting out but rather are accurately assessing the potential …