Impact of State-Level Changes in Paid Family Leave Policies: Evidence from New Jersey
摘要
We examine the impact of paid leave policies on new establishment creation, establishment closures, and job outcomes. Our analysis exploits the timing of the New Jersey leave policy implementation in 2009 relative to New York and Pennsylvania. Using synthetic difference-in-differences (SDID) with county-level data from 2006 to 2015, we initially find that paid leave reduces job loss from contracting establishments in New Jersey counties as compared with control group counties. Additionally, in a Metropolitan Statistical Area (MSA) panel, we find that the policy reduces establishment closures, job creation from new establishments, and job destruction from establishment closures.