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Date: Jun 03, 2020

The short-run macro implications of school and childcare closures | Moritz Kuhn

Moritz Kuhn, together with Nicola Fuchs-Schündeln (Goethe University Frankfurt) and Michèle Tertilt (University Mannheim) examine the short-run macro implications of school and childcare closures during the corona crisis in the policy portal Vox. Their analysis looks at Germany, where 26% of the workforce has children aged 14 or younger, and quantifies the macroeconomic importance of working parents. They estimate that if schools and daycare centres remain closed as the economy slowly reopens, 11 percent of workers and 8 percent of all working hours will be lost to the labour market. Policies to restart the economy must accommodate the concerns of these families.
You can read the current VOxEU column here.

 

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