Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/298566 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
CEBI Working Paper Series No. 10/23
Verlag: 
University of Copenhagen, Department of Economics, Center for Economic Behavior and Inequality (CEBI), Copenhagen
Zusammenfassung: 
In this paper, I study how the labor supply of one generation affects the next. Utilizing longitudinal Danish register data and a large retirement reform, I document that parents' retirement significantly affects the labor supply of their adult children. This inter-generational link is driven solely by mothers. Concretely, mothers' retirement permanently increases their adult children's income rank by 7 income rank points, driven by increased hours worked, participation in the labor force, improved occupational rank, and wage increases. I find that the inter-generational link is strongest among mothers who have grandchildren, and that the child penalty for adult daughters is 17% lower for those whose mothers can retire earlier, suggesting an important role of informal childcare as a driving mechanism. Survey data confirm that retirement affects informal childcare provision, even in a country with universal access to highly subsidized formal childcare.
Schlagwörter: 
Inter-generational links
labor supply
retirement
informal childcare
child penalty
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.37 MB





Publikationen in EconStor sind urheberrechtlich geschützt.