eprintid: 13860 rev_number: 9 eprint_status: archive userid: 5 dir: disk0/00/01/38/60 datestamp: 2016-10-03 12:47:41 lastmod: 2021-08-27 17:27:50 status_changed: 2016-10-03 12:47:41 type: book_section metadata_visibility: show item_issues_count: 1 creators_name: Moser, E. creators_name: Prskawetz, A. creators_name: Feichtinger, G. creators_name: Barakat, B. creators_id: 2025 creators_id: 1555 creators_id: 8377 title: Maximizing female labor force participation in a stationary population ispublished: pub divisions: prog_pop keywords: Age-specific fertility; Family policy; Labor force participation; Lagrange principle; Optimal control; Stationary population abstract: As many European countries have to cope with a shrinking and aging labor force, one important goal of redistributing work is to increase female labor force participation. In some countries, however, this increase could come at the cost of a reduced fertility rate as childcare facilities might be rare or institutional settings and social support are not sufficiently family friendly. In this paper we investigate how and especially at which ages female labor force participation could be increased in a country such as Austria, with an apparently strong negative correlation between childbearing and labor force participation, without reducing fertility even further. Our results indicate that an increase in female labor force participation is indeed possible if the participation rate remains low in the most fertile ages. It turns out, however, that the optimal labor force participation for females strongly depends on the initial fertility pattern of the female population. date: 2016 date_type: published publisher: Springer International Publishing id_number: doi:10.1007/978-3-319-39120-5_10 creators_browse_id: 100 creators_browse_id: 2589 creators_browse_id: 24 full_text_status: none series: Dynamic Modeling and Econometrics in Economics and Finance volume: 22 place_of_pub: Cham, Switzerland pagerange: 167-188 refereed: TRUE isbn: 978-3-319-39120-5 issn: 1566-0419 book_title: Dynamic Perspectives on Managerial Decision Making coversheets_dirty: FALSE fp7_type: info:eu-repo/semantics/bookPart citation: Moser, E., Prskawetz, A. , Feichtinger, G. , & Barakat, B. (2016). Maximizing female labor force participation in a stationary population. In: Dynamic Perspectives on Managerial Decision Making. pp. 167-188 Cham, Switzerland: Springer International Publishing. ISBN 978-3-319-39120-5 10.1007/978-3-319-39120-5_10 .