Early Child-care Arrangements and Both Parents’ Subjective Well-being

Ryser, Valérie-Anne; Heers, Marieke

doi:10.1007/s10826-022-02432-9

Cited by 2 publications

(1 citation statement)

References 65 publications

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“…Significant progress in Finland has been made in promoting gender equality and work-life balance, which has contributed to the high levels of female LFP in the country. Regarding familial outcomes, majority of research were focused on the connection between child-care availability and mothers' labor supply [64]. The emphasis on work-life balance is one of the main factors that contribute to Finland's high LFP.…”

Section: Discussionmentioning

confidence: 99%

Labor Force Participation Rate and Expected Length of Retirement 1989-2066: Comparison of Several OECD Countries

Ramli,

Ismail,

Isa

et al. 2023

Preprint

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The world population is aging, which along with recent shifts in the labor force participation (LFP), is having a significant longevity influence on state pension programs across the board, including Canada, Finland, Japan, and Germany. Except Japan, these countries have set their statutory re-tirement age at 65, but the impact of aging workforce and declined fertility rates create wonders on the estimate future trends in the LFP, as well as the length of retirement. In this study, we fit the LFP rates of these countries, representing continents from Asia, Europe and North America among the OECD countries, using the Lee-Carter and Cairns-Blake-Dowd (CBD) stochastic models. The es-timates are then used for the projection of future LFP rates (1989-2066), and by combining the mortality forecasts from the United Nations, we project the expected length of retirement (1989-2066). This study provided a novel comparison between the Lee-Carter and the CBD LFP models by fitting and forecasting the LFP rates of senior employees between 50- to 74-year-olds. The results revealed disparities between models that provided proof of the presence of model risk for longer retirement durations. The study findings emphasized the importance for decision-makers in pension industry to have awareness of potential risks and limits associated with the LFP models. The Lee-Carter model outperformed the CBD model even though the CBD model is known for its ac-curate prediction in higher ages. Population aging should be considered in any analysis of the long-term viability of pensions, together with the participation rate trends for a sustainable labor market future.

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Section: Discussionmentioning

confidence: 99%

Labor Force Participation Rate and Expected Length of Retirement 1989-2066: Comparison of Several OECD Countries

Ramli,

Ismail,

Isa

et al. 2023

Preprint

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The Impact of Daycare Closures Owing to COVID-19 on Parental Stress: The Case of Japan

Ito,

Naoi,

Sumita

et al. 2023

J Fam Econ Iss

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The purpose of this study is to quantify the effect of the closure of daycare facilities during the early stage of the coronavirus disease 2019 pandemic on the stress of parents with preschool children. Using household panel data collected before and after the pandemic, we estimated difference-in-differences models and their extensions. Our empirical results show that the closure of daycare facilities significantly worsened parental stress as measured by the Kessler Psychological Distress Scale. The negative effects of daycare closures on parental stress levels were greater for mothers, non-regular workers, and households with relatively older children. In contrast, on parents in metropolitan areas or those with younger children, no significant effects of daycare closures were observed. We discuss the two conflicting pathways—the increased childcare burden and the decreased risk of children’s infection—through which daycare closures affected parental distress, interpret the heterogeneous effects accordingly, and provide policy implications. Our results suggest that a risk-based, local closure policy could have been effective in reducing parental stress during the emergency.

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Early Child-care Arrangements and Both Parents’ Subjective Well-being

Cited by 2 publications

References 65 publications

Labor Force Participation Rate and Expected Length of Retirement 1989-2066: Comparison of Several OECD Countries

Labor Force Participation Rate and Expected Length of Retirement 1989-2066: Comparison of Several OECD Countries

The Impact of Daycare Closures Owing to COVID-19 on Parental Stress: The Case of Japan

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