Author
Soytaş, Mehmet Ali
Publication Date
2017-01-23
Publication Place
-
Hacettepe University
Subject
Female workforce, Time investment in children, Intergenerational transfers, Gender gap, Human capital, Female labor supply, Time investment in children, Intergenerational transfers, Gender gap, Human capital
Type
Periodical
Language
Turkish
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
1301-8752
Record ID
ffae60b7-41ad-4c14-8088-3c5bac11ef6d
Library Location
Economics
Date
2017-01-23
Sample Text
Estimating a model using a data set created by women and their children to understand how much they use and how this varies with demographic characteristics. The intergenerational structure provides a natural way to aggregate children's adult outcomes because these outcomes are measured by the value function of children in the next generation in the model. This measure provides a good proxy for the expected return on investments in children. The woman's value function includes both her loss of income if she does not work and her expectations for her children if she invests. To the extent that the second of these two factors compensates for the loss resulting from the first, the trade-off women spend working in the labor market also depends on education, thus further marginalizing the situation for educated women who may be good at both. The estimated model and policy simulations found that time investment is an important channel influencing women's labor force choice and that time investment plays an important role in influencing children's future outcomes., This paper attempts to address that both the educational advances of women are not proportionally reflected in the earnings gap as expected and that these more educated women are not gaining greater work experience than their less educated predecessors. The goal is to estimate a model using data on females and their children to understand how much of their time females use to invest in their children and how it varies depending on demographic characteristics. The dynastic framework provides a natural way to aggregate the adult outcomes of children as it is measured by their next generation valuation function. This serves as a good proxy for the expected returns from investing in children. Female's valuation function incorporates both the loss of income due to not working and the returns from the children who achieves better prospects. To the extent that later compensates the loss from the former, females will not increase the amount of time they spend working in the labor market. This trade-off however depends on education, making it on the margin for highly educated females who can do superior in both. Estimated model and the policy simulations based on the estimated model find that maternal time investment is an important channel affecting the labor supply decision of women and time investment plays a significant role in children's adult outcomes.
Cilt
35