This book examines welfare effects of gender-related inequalities in Korean households and labor markets. It uses subjective well-being data to show that reductions of excessive levels of working hours did improve family well-being in the past decade. Moreover, benefits from major life events...

In the last few years a growing number of economists and psychologists have focused on the ways parents care for their younger children. In households where both parents work in particular, the care of children has to be at least partially delegated to the care of other members of the family or...

Previous studies report a range of estimates for the response of female labor supply and childcare attendance to childcare prices. We shed new light on these questions using a policy reform that raises the price of public daycare. After the reform, children are 8 percentage points less likely to...

Despite growing interest in the effects of variations in work and family reconciliation policies on female employment across countries, the questions in what way and to what extent production regimes influence female employment provide an important backdrop to the current research. Drawing on...

We study the role of family wealth for children's educational achievement using novel and unique Swedish register data. In particular, we focus on the relationship between grandparents' wealth and their grandchildren’s educational achievement. Doing so allows us to reliably establish the...

Gender differences in labor force participation are exceptionally small in Nordic countries. We investigate how couples emigrating from Denmark self-select and sort into different destinations and whether couples pursue the dual-earner model, in which both partners work, when abroad. Female...

This paper studies how health behaviors and investments are shaped through intra- and inter-generational family spillovers. Specffically, leveraging administrative healthcare data, we identify the effects of health shocks to individuals on their family members' consumption of preventive care and...

This paper analyzes whether individuals have equal opportunity to achieve happiness (or well-being). We estimate sibling correlations and intergenerational correlations in self-reported life satisfaction, satisfaction with household income, job satisfaction, and satisfaction with health. We find...

This study examines from a cross-national perspective the importance of inheritance as a source of private wealth accumulation. Multivariate econometric analyses of harmonized survey data obtained from 11 European countries reveal that inheriting households own considerably more wealth than...

Overqualification signals a mismatch between jobs’ educational requirements and workers’ qualifications implying potential productivity losses at the macro and the micro level. This study explores how the family background of German graduates affects the probability to hold a job that does...

Since the millennium, the labor market participation of women and mothers is increasing across European countries. Several work/care policy measures underlie this evolution. At the same time, the labor market behavior of men and fathers, as well as their involvement in care work, is relatively...

The Czech Republic is a country with a strong attachment of women to the labor market, but with one of the longest paid family leaves, which is often followed by a spell of unemployment. Using a difference-in-differences methodology, we study the impact of two reforms of the duration of the...

In this paper, we investigate the link between intra-household resource allocation and familial ties between household members. We show that, within the same geographic, economic and social environments, households where members have "stronger" familial ties (e.g. a nuclear family household)...

In this paper we investigate the effect of family connections to politicians on individuals' labor market outcomes. We combine data for Italy over almost three decades from longitudinal social security records on a random sample of around 1 million private sector employees with the universe of...

This study examines from a cross-national perspective the importance of inheritance as a source of private wealth accumulation. Multivariate econometric analyses of harmonized survey data obtained from 11 European countries reveal that inheriting households own considerably more wealth than...

In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...

This paper assesses the intergenerational effect of immigrant parents' incorporation experiences, measured as time in Sweden, on the educational performance of their children, using full Swedish population registry data for 22 cohorts. Employing family fixed-effects, we examine final course...

The documented historical rise in female labour force participation has flattened in recent decades, but the proportion of mothers working full-time has steadily increased. We provide the first empirical evidence that the increase in mothers' working hours is amplified through the influence of...

This paper studies how individuals believe human capital investments will affect their future career and family life. We conducted a survey of high-ability currently enrolled college students and elicited beliefs about how their choice of college major, and whether to complete their degree at...

Female labor force participation is mainly driven by the value of women’s market wages versus the value of their non-market time. Labor force participation by women varies considerably across countries. To understand this international variation, one must further consider differences across...