The earnings of young adults who live in the same neighborhoods as their parents completely recover after a job displacement, unlike the earnings of young adults who live farther away, which permanently decline. Nearby workers appear to benefit from help with childcare since grandmothers are...

While American women's employment rates fall in the years after they have a child, their self-employment rates do not. These contrasting patterns may be explained by the fact that self-employed women often have more control over their work schedule, hours, and location than wage and salary...