Page 6 - IDEA Studie 14 2022 Rodicovska

VLIV ZVÝŠENÍ RODIČOVSKÉHO PŘÍSPĚVKU NA PARTICIPACI ŽEN NA TRHU PRÁCE IDEA 2022 • As far as education levels are concerned, the effect of the parental allowance increase was most evident among mothers with university education. The share of working mothers in this group reduced by as much as one third (by 16.4 p.p.) and their hours worked dropped by 4.8 hours per week (a reduction of 30%). • These effects of the increase in the parental allowance on mothers’ labour market participation remained stable for 1 year after the reform. Although it is likely that some of these effects will ease off over time as a result of changes in mothers’ expectations about their family budgets, the one-off increase to the parental allowance has led to short- term, society-wide negative costs in the form of a reduction in women’s labour market participation. These costs would not have been incurred if the value of the parental allowance had been increased more regularly, in smaller increments, in a predictable manner, or if a shorter time limit had been imposed for claiming the allowance. 4