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BEGIN:VEVENT
DTSTAMP:20260406T163825Z
DTSTART;VALUE=DATE-TIME:20250311T141500
DTEND;VALUE=DATE-TIME:20250311T153000
SUMMARY:Applied Economics\, Econometrics & Public Policy (CAGE) Seminar -
  Daniele Paserman (BU)
TZID:Europe/London
UID:20250311-8a17841b90977dd8019098130e13086f@warwick.ac.uk
CREATED:20250307T110111Z
DESCRIPTION:Title: Female Labor Force Participation and Intergenerational
  Mobility (with Jorgen Modalsli\, Claudia Olivetti and Laura Salisbury) 
 Abstract: Women's labor force participation increased dramatically over 
 the post-WWII\, especially among mothers of young children. How did the 
 entry of mothers in to the labor force impact the transmission of econom
 ic status across generations? Using Norwegian registry data we document 
 trends in mothers' labor force participation and intergenerational mobil
 ity across cohorts born between 1965 and 1995. The labor supply of mothe
 rs almost quadrupled across cohorts. At the same time\, the father-child
  income elasticity declined substantially. At the individual level\, the
  relationship between son's income and father's income is weaker in fami
 lies in which the mother worked when the son was a young child. Using a 
 simple covariance decomposition\, we show that 25-33\\% of the decline i
 n the intergenerational elasticity (IGE) can be explained by the fact th
 e IGE is lower among families in which the mother works\, and such famil
 ies consitute a larger share of the population over time. Structural fac
 tors (e.g. changes in economic opportunity or the education system) can 
 explain the rest of the decline. We then develop a statistical framework
  that illustrates mechanisms through which mothers' work affects the IGE
 . Mothers' entry into the paid workforce represents a shift from time-in
 tensive to money-intensive investments in children's human capital. The 
 effect on the IGE depends on sorting in the marriage market\, the relati
 ve importance of time and money inputs in the production of children's h
 uman capital\, and income and substitution effects on mother's labor sup
 ply. The observed trends can be reconciled with our model if women's pro
 ductivity in childcare is more valued on the marriage market than their 
 labor market productivity\, and if money investments have a larger effec
 t on children's human capital than time investments.
LOCATION:S2.79
CATEGORIES:Applied & Development Economics Seminar
LAST-MODIFIED:20250307T110111Z
ORGANIZER;CN=Gill Gudger:
END:VEVENT
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