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.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 1581
- Classification
-
Wirtschaft
- Subject
-
family friendly work practices
hedonic equilibrium
compensating wage differential
legislative impact assessment
Flexible Altersgrenze
Arbeitslosigkeit
Einkommensverteilung
Gini-Koeffizient
Schätzung
Belgien
- Event
-
Geistige Schöpfung
- (who)
-
Heywood, John S.
Siebert, William Stanley
Wei, Xiangdong
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2005
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Heywood, John S.
- Siebert, William Stanley
- Wei, Xiangdong
- Institute for the Study of Labor (IZA)
Time of origin
- 2005
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