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The Effect of Parenthood on Wages in the Czech Republic
 Žofková, Martina ; Stroukal, Dominik (advisor) ; Tříska, Dušan (referee)
Using cross-sectional and longitudinal data from EU-SILC for the Czech Republic this thesis shows that mothers suffer wage penalty, whereas fathers gain wage premium. These results are in accordance with literature abroad. This thesis also shows that parenthood has greater impact on individuals with higher education, that motherhood penalty is lower for single mothers, whereas fatherhood premium is higher for single fathers, and that there is stronger self-selection of mothers into specific jobs than in case of fathers. Model of fixed effects suggests that parenthood is connected with unobservable characteristics that have positive effect on parent's wages. Results of this thesis are in accordance with human capital theory, division of labor within the household, self-selection of mothers into more mother-friendly jobs. But results concerning lower work effort of mothers are inconclusive.
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