WIC Hybrid Colloquium ***************************** Jungho Kim Ajou University The Effect of Parental Leave Benefit on Fertility and Female Employment Wednesday, 22 November 2023 11:00 – 12:00 (CET) (save to your calendar - .ics-file)<https://www.oeaw.ac.at/fileadmin/subsites/Institute/VID/ICAL-files/Colloquium/20231122.ics> The hybrid seminar will be held in person at Dr. Ignaz Seipel Platz 2, 1010 Vienna, Museumszimmer (2nd floor) and online via Zoom. Please register here until 21 November 2023, 10:00 (CET): https://www.oeaw.ac.at/vid/events/wic-colloquium/wic-colloquium-registration <https://www.oeaw.ac.at/vid/events/wic-colloquium/wic-colloquium-registration> Login information for online participation will be sent to all registered participants shortly before the start of the presentation. Abstract: The paper examines the implications of expanding parental leave benefits in South Korea, one of the major policy responses to low fertility rates. The study focuses on female employees who gave birth between 2010 and 2022, registered in the National Employment Insurance database. Preliminary findings suggest that an increase in parental leave benefits has had a favorable impact on women's utilization of leave, their employment status, and fertility decisions. More specifically, when the monthly benefit increases by KRW 100,000 (equivalent to EUR 71), there is a 1.8 percentage point increase in the uptake of leave by mothers, along with an extension of the desired leave duration by 10.0 days. In addition, the percentage of mothers who return to work and subsequently have another child within three years of their birth increases by 0.3 percentage points and 0.4 percentage points, respectively. Furthermore, the study reveals substantial heterogeneous effects across wage groups, firm sizes, and industries, highlighting the need for policy interventions aimed at reducing disparities in effective access to parental leave among different demographic groups. About the presenter: Dr. Jungho Kim is a professor in economics at Ajou University in Korea and currently visiting VID. He holds Ph.D. in Economics at Brown University, and his research interests are in the empirical analysis of household behavior and the program evaluation regarding fertility, labor, health and consumption in developing countries. He is currently working on the consequences of the expansion of family policy, COVID-19, and deworming programs in Korea. https://www.oeaw.ac.at/fileadmin/subsites/Institute/VID/PDF/Colloquium/2023/... *************************************************************************************************** PLEASE SEE https://www.oeaw.ac.at/vid/events/wic-colloquium FOR OUR UPCOMING AND PREVIOUS COLLOQUIA ***************************************************************************************************