Clash Of Career And Family: Fertility Decisions After Job Displacement
Abstract
In this paper we investigate how fertility decisions respond to unexpected career interruptions which occur as a consequence of job displacement. Using an event study approach we compare the birth rates of displaced women with those of women unaffected by job loss after establishing the pre-displacement comparability of these groups. Our results reveal that job displacement reduces average fertility by 5 to 10% in both the short and medium term (3 and 6 years) and that these effects are largely explained by the response of white collar women. Using an instrumental variable approach we provide evidence that the reduction in fertility is not due to the income loss generated by unemployment but arises because displaced workers undergo a career interruption. These results are interpreted in the light of a model in which the rate of human capital accumulation slows down after the birth of a child and all specific human capital is destroyed upon job loss.(This abstract was borrowed from another version of this item.)
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Article provided by European Economic Association in its journal Journal of the European Economic Association.
Volume (Year): 10 (2012)
Issue (Month): 4 (08)
Pages: 659-683
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Keywords:Other versions of this item:
- del Bono, Emilia & Weber, Andrea & Winter-Ebmer, Rudolf, 2008. "Clash of Career and Family: Fertility Decisions after Job Displacement," CEPR Discussion Papers 6719, C.E.P.R. Discussion Papers.
- Emilia Del Bono & Andrea Weber & Rudolf Winter-Ebmer, 2008. "Clash of Career and Family: Fertility Decisions after Job Displacement," CESifo Working Paper Series 2180, CESifo Group Munich.
- Emilia Del Bono & Andrea Weber & Rudolf Winter-Ebmer, 2008. "Clash of Career and Family - Fertility Decisions after Job Displacement," Ruhr Economic Papers 0039, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Del Bono, Emilia & Weber, Andrea & Winter-Ebmer, Rudolf, 2008. "Clash of Career and Family: Fertility Decisions after Job Displacement," IZA Discussion Papers 3272, Institute for the Study of Labor (IZA).
- Emilia Del Bono & Andrea Weber & Rudolf Winter-Ebmer, 2008. "Clash of Career and Family: Fertility Decisions after Job Displacement," Economics working papers 2008-02, Department of Economics, Johannes Kepler University Linz, Austria.
- Del Bono, Emilia & Weber, Andrea & Winter-Ebmer, Rudolf, 2008. "Clash of Career and Family. Fertility Decisions after Job Displacement," Economics Series 222, Institute for Advanced Studies.
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
- J65 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment Insurance; Severance Pay; Plant Closings
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
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