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Paid Leave Extensions and the Behavior of Workers and Firms
註釋The paper studies the causal effects of a sizable paid maternity leave extension (from four to sixmonths) on the behavior of workers and firms. Our empirical strategy exploits the precise leavetaking dates and the staggered implementation of the policy across firms, using monthly information from matched employer-employee data covering the universe of the Brazilian formal labor market. Our results show that only 40% of eligible women take extended maternity leave and employment effects are modest and temporarily con ned during the months around the leave. We observe both women's and firms' strategic responses to leave extensions: some women voluntarily quit their jobs after the extended leave period is over, while others are fired when returning to their jobs after a leave. We offer a comprehensive view of the interplay among labor markets, firms' and workers' characteristics driving the take-up rates of paid leave extensions and its impacts. Besides the regressive distributional effects of the policy and evidence of learning from peers for less-educated workers, the findings also indicate that take-up and labor market effects of leave extensions depend on multiple factors, such as job security, worker's ability, rm's premium, labor market frictions, and workers' substitutability/complementarity within the firms.