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Ensayos sobre POLÍTICA ECONÓMICA
Print version ISSN 0120-4483
Abstract
GOMEZ CANON, Christian Camilo. Consequences of Early Parenthood on Incomes: Colombian Case. Ens. polit. econ. [online]. 2016, vol.34, n.80, pp.103-125. ISSN 0120-4483. https://doi.org/10.1016/j.espe.2016.02.002.
This paper estimates the penalty that occurs in the earnings of parents who had their children at an early age, before 21 years, compared to those who delay parenthood. To correct endogeneity problems matching techniques (propensity score matching) and the Heckman method are used. The results suggest that parents at an early age have a penalty of 11.7% in their income per hour are used. The impacts are greater in magnitude for women (12.7%) than for men (5.3%) and the transmission channels are heterogeneous by sex. Early parenthood comes at a critical time in the life cycle, which increases the probability of interrupting major events in the formation of human capital and produces changes in the way young parents get into the labor market as a result of care and financial support of the child.
Keywords : Wages; Wage gap; Early motherhood; Early parenthood; Sample selection; "Birth timing"; Colombia; Propensity score.