Financial Instability and Banking Crises in a Small Open Economy

Expansions in Paid Parental Leave and Mothers’ Economic Progress1

“…Let y a denote the relevant labor market outcome measured at child age a (a=1, 2, ... up to age 26 depending on the reform), x be the birthdate (year and month) of the child, and t the date of the reform's enactment. For every mother in the data and 18 For more details, see Kunze and Miller (2017). 19 In the Online Appendix Table A.1, we report the same descriptive statistics for workers in the top decile of their firms earnings distribution and for executives and board members who had a child in the six months around the 1993 reform.…”

“…The sample includes workers at private sector firms and over-represents manufacturing but retains broad coverage. 18 These data contain detailed job information that allows us to assign workers to one of seven hierarchical ranks defined consistently across plants and over time. We can track individual promotions within the same organization as well as promotions that involve a change of employer.…”