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CATEGORIES:Seminar,Class/ Workshop
DESCRIPTION:Mary Ann Bronson\n\nThe Power of Policy Incentives: Female Labo
 r Supply\, Fertility and Parental Leave Policy Design\n\nAbstract:  Parenta
 l leave (PL) policies vary widely across countries\, creating different inc
 entives for childbearing and maternal labor supply.  Yet\, most empirical s
 tudies find that PL policy has negligible effects on these variables.  This
  paper provides new evidence about the effects of PL policy design on women
 ’s outcomes.  We first show that the standard quasi-experiment in the liter
 ature\, which relies on regression discontinuities around PL reform dates\,
  understates the true impact of PL policies for a simple reason: treatment 
 and control groups share the same policy exposure for most of the evaluatio
 n period\, making it difficult to isolate meaningful differences in outcome
 s.  Using event studies from the U.K.\, Sweden\, Austria\, and Germany\, we
  then show that women’s labor force participation\, PL take-up\, and fertil
 ity choices closely track the incentives embedded in each country’s policy 
 design.  Next\, we build a dynamic model of women’s work and fertility deci
 sions\, allowing us to simulate the effects of policies with varying durati
 ons\, compensation structures\, and eligibility criteria.  The model replic
 ates the small quasi-experimental estimates in the literature but shows tha
 t the true policy effects are far larger\, in some cases increasing women’s
  employment by 10 percentage points over the ten years after first birth\, 
 while also boosting fertility.  Calibrating the model to U.K. data\, we sho
 w that when exposing U.K. women to Swedish\, Austrian\, or German policies\
 , they make work and childbearing choices that mirror those in those countr
 ies\, confirming the power of policy incentives.  Finally\, we examine poli
 cy designs that maximize both labor force participation and fertility.  We 
 find that policies with moderate leave duration and generous wage replaceme
 nt simultaneously boost employment and birth rates.  Our findings indicate 
 that the design of parental leave matters far more than past estimates impl
 y\, with lasting effects on women’s careers and family choices.
DTEND:20260406T165500Z
DTSTAMP:20260416T113904Z
DTSTART:20260406T154000Z
GEO:42.447319;-76.480995
LOCATION:Ives Hall\, 105
SEQUENCE:0
SUMMARY:Labor &  Public Economics Workshop: Mary Ann Bronson
UID:tag:localist.com\,2008:EventInstance_52064188341353
URL:https://events.cornell.edu/event/labor-economics-workshop-mary-ann-bron
 son
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