Arbeitspapier

The implicit costs and benefits of family friendly work practices

This paper posits that the provision of family friendly practices is, on balance, costly to firms and valuable to workers. As a consequence, we anticipate the emergence of a hedonic equilibrium in which workers provided with such practices face an implicit reduction in their earnings. Using WERS98 linked employer-employee data, we show that the ability to confirm this compensating wage differential depends critically on an appropriate treatment model designed to purge typical estimates of the income effect. We find that family friendly jobs may be associated with as much as a 20 percent reduction in earnings. Our estimates can be used to inform impact assessments of new UK legislation extending family friendly practices.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 1581

Klassifikation
Wirtschaft
Thema
family friendly work practices
hedonic equilibrium
compensating wage differential
legislative impact assessment
Flexible Altersgrenze
Arbeitslosigkeit
Einkommensverteilung
Gini-Koeffizient
Schätzung
Belgien

Ereignis
Geistige Schöpfung
(wer)
Heywood, John S.
Siebert, William Stanley
Wei, Xiangdong
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Heywood, John S.
  • Siebert, William Stanley
  • Wei, Xiangdong
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2005

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