The Career Costs of Children

Jerome Adda, Christian Dustmann and Katrien Stevens ()

No 6158, CESifo Working Paper Series from CESifo

Abstract: We estimate a dynamic life-cycle model of labor supply, fertility and savings, incorporating occupational choices, with specific wage paths and skill atrophy that vary over the career. This allows us to understand the trade-off between occupational choice and desired fertility, as well as the sorting both into the labor market and across occupations. We quantify the life-cycle career costs associated with children, how they decompose into loss of skills during interruptions, lost earnings opportunities and selection into more child-friendly occupations. We analyze the long-run effects of policies that encourage fertility and show that they are considerably smaller than short-run effects.

Keywords: fertility; labor supply; occupation; dynamic structural model; gender wage gap (search for similar items in EconPapers)
JEL-codes: J13 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Related works:
Journal Article: The Career Costs of Children (2017)
Working Paper: The Career Costs of Children (2016)
Working Paper: The Career Costs of Children (2012)
Working Paper: The Career Costs of Children (2011)
Working Paper: The Career Costs of Children (2011)
Working Paper: The Career Costs of Children (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_6158

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