This paper studies the causal effect of the timing of first birth on highly educated women’s career outcomes using exogenous variation in first birth timing induced by the occurrence of pregnancy loss before first birth. Contrasting previous findings, my results suggest that a one-year delay...

This paper analyzes the consequences of the spacing of births for women’s subsequent labor income and wages. Spacing births in longer intervals may allow women to re-enter the labor market between childbearing events, thereby avoiding expanded work interruptions and, in turn, reducing the...