Childcare is beneficial not only for women's labour force participation but also for their career progression, writes Vidhi Chhaochharia
EXCERPTS
Gender inequality in firms is an issue which has concerned both economists and policymakers. In spite of significant improvements in women’s career prospects, the gender pay gap still persists. One crucial component as to why women on average earn lower wages than men is parenthood. I provide evidence of the positive impact of child care policies on women’s careers and wages.