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The economic consequences of family policies

Olivetti, Claudia, Petrongolo, Barbara, (2017), “The economic consequences of family policies”, Vox Eu, 3 Ιουνίου

All high-income countries, as well as several developing countries, have policies in place to support work–family reconciliation, such as parental leave, childcare support, and flexible work arrangements, to name a few. The impact of these policy provisions on the labour market outcomes of parents, and especially mothers, is actively debated in both policy and academic circles. Proponents of family policies typically emphasise their contribution to gender equality, by enabling women to combine careers and motherhood, and sometimes their beneficial impact on child development. Opponents often warn against long periods of absence from work, which may be detrimental to women’s careers via both the loss of valuable work experience and possibly higher costs for employers to hire women of childbearing age.

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