Understanding women's wage growth using indirect inference with importance sampling
构建女性人力资本、生育和劳动供给的动态生命周期模型，通过间接推断估计生育导致的离职对工资增长的影响，发现影响较小。
Summary The goal of this work is to investigate the effects of time out of the labor market for childcare on women's lifecycle wage growth. We develop a dynamic lifecycle model of human capital, fertility, and labor supply for women. We estimate by indirect inference using importance sampling and formalize the use of this procedure. The results indicate a modest effect of fertility‐induced non‐employment spells on human capital accumulation. The difference in human capital among prime‐age women would be approximately 2.4% higher at its peak if the relationship between fertility and working were eliminated, and 4.7% higher if the relationship between marriage and fertility was also eliminated.