Social scientists have for a long time observed a strong negative relationship between time spent in education and the timing of family formation. However, individual unobserved characteristics influence the two processes simultaneously: ignoring these characteristics means overestimating the...

We investigate the impact of delaying the first birth on Italian mothers' labor market outcomes around childbirth. The effect of postponing motherhood is identified using biological fertility shocks, namely the occurrence of miscarriages and stillbirths. Focusing on mothers' behavior around...

We investigate the impact of delaying the first birth on Italian mothers' labor market outcomes around childbirth. The effect of postponing motherhood is identified using biological fertility shocks, namely the occurrence of miscarriages and stillbirths. Focusing on mothers' behavior around...