DYNAMIC WAGE AND EMPLOYMENT EFFECTS OF ELDER PARENT CARE
构建并估计了一个关于老年父母照护和工作的动态离散选择模型，分析照护如何影响女性当前和未来的劳动参与及工资，并模拟了不同政策的效果。
This article formulates and estimates a dynamic discrete choice model of elder parent care and work to analyze how caregiving affects a woman's current and future labor force participation and wages. The model incorporates parental health changes, human capital accumulation, and job offer availability. The estimates indicate that women face low probabilities of returning to work or increasing work hours after a caregiving spell. I use the estimated model to simulate the caregiving, employment, and welfare effects of a longer unpaid work leave than currently available under the Family and Medical Leave Act, a paid leave, and a caregiver allowance.