Search frictions make worker turnover costly to firms. A three-month parental leave expansion in Sweden provides …

Search frictions make worker turnover costly to firms. A t hree-month parental l eave e xpansion in Sweden provides …

In a life-cycle dynastic family model with endogenous fertility, labor-leisure, and accumulations of human and physical … externality. Compared with the social optimum, such externality causes higher fertility and less parental time and expenditure … excessive fertility and under-investment of parental expenditure in child human capital. By calibrating the laissez-faire model …