Maternity and Labor Markets: Impact of Legislation in Colombia
La serie Borradores de Economía es una publicación de la Subgerencia de Estudios Económicos del Banco de la República. Los trabajos son de carácter provisional, las opiniones y posibles errores son responsabilidad exclusiva del autor y sus contenidos no comprometen al Banco de la República ni a su Junta Directiva.
Our research seeks to determine the impact on female labor outcomes of the amendment on the Colombian labor law in which maternity leave was extended from 12 to 14 weeks (through Law 1468 of July 2011). To identify this impact we compare labor market outcomes of two groups of women with differences in their fertility rates. We find evidence that as a result of the extension of the maternity leave period, women in the high-fertility age group have experienced an increase in inactivity rates, informality, and self-employment. We argue that a redesign of maternity protection policy is due, one through which the economic and social costs of bearing children are shared by both parents and which may generate social change regarding the importance of paternal care.
The opinions expressed here do not necessarily correspond neither to the Banco de la República nor its Board of Directors.
