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We evaluate the Smets-Wouters model of the US dynamically using indirect inference with a VAR representation of the main US data series. We find that the New Keynesian SW model is badly rejected by the data's dynamic properties and in particular cannot match the variability of the data. An...
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quality of these data. This paper investigates whether the secondary childcare questions in the ATUS are measuring the stated … construct alternative estimates that exclude time spent in secondary childcare that is inconsistent with other data collected … during the interview and find that the ATUS measure overestimates secondary childcare by at most 5 percent or about 16 …
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This paper organizes and synthesizes the literature on early childhood education and childcare. In it, we go beyond …
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There is a well-known gender difference in time allocation within the household, which has important implications for gender differences in labor market outcomes. We ask how malleable this gender difference in time allocation is to culture. In particular, we ask if US immigrants allocate tasks...
Persistent link: https://www.econbiz.de/10012198461
There is a well-known gender difference in time allocation within the household, which has important implications for gender differences in labor market outcomes. We ask how malleable this gender difference in time allocation is to culture. In particular, we ask if US immigrants allocate tasks...
Persistent link: https://www.econbiz.de/10012199826
What would be the aggregate effects of adopting a more generous and universal childcare subsidy program in the U.S.? We … largest at the bottom of the skill distribution. Fully subsidized childcare available to all households leads to long … households in fertility and childcare expenditures. …
Persistent link: https://www.econbiz.de/10010379943