When Is The Best Time To Give Birth?

Frühwirth-Schnatter, Sylvia; Pamminger, Christoph; Weber, Andrea and Winter-Ebmer, RudolfORCID: https://orcid.org/0000-0001-8157-6631 (October 2014) When Is The Best Time To Give Birth? Former Series > Working Paper Series > IHS Economics Series 308, 27 p.


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Using Bayesian Markov chain clustering analysis we investigate career paths of Austrian women after their first birth. This data-driven method allows characterizing long-term career paths of mothers over up to 19 years by transitions between parental leave, non-employment and different forms of employment. We, thus, classify women into five cluster-groups with very different long-run career costs of childbearing. We model group membership with a multinomial specification within the finite mixture model. This approach gives insights into the determinants of the long-run family gap. Giving birth late in life may lead very diverse outcomes: on the one hand, it increases the odds to drop out of labor force, and on the other hand, it increases the odds to reach a high-wage career track.

Item Type: IHS Series
Keywords: fertility, timing of birth, family gap, Transition Data, Markov Chain Monte Carlo, Multinomial Logit, Panel Data
Date Deposited: 02 Feb 2015 15:25
Last Modified: 08 Apr 2024 13:48
URI: https://irihs.ihs.ac.at/id/eprint/2910

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