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AbstractConcerns about gender equality have jumped to the forefront of public debate in recent years, and Gender Economics is slowly affirming its place as a major field of study. This assessment examines where we are in terms of gender equality. It reviews the theoretical foundations that can explain existing inequalities, and documents the empirical findings supported by the theories, identifying avenues for future research and providing a fruitful framework to think about the effectiveness of policies and interventions targeting gender inequality. In doing so, I provide the foundations against which the contributions in this issue can be placed.

Abstract
The nature and scale of the shocks to the demand for, and the supply of, home childcare during the COVID-19 pandemic provide a unique opportunity to increase our understanding of the division of home labour and the determinants of specialization within the household. We collected real-time data on daily lives to document the impact of measures to control COVID-19 on UK families with children under the age of 12. We document that these families have been doing the equivalent of a working week in childcare, with mothers bearing most of the burden. The additional hours of childcare done by women are less sensitive to their employment than they are for men, leaving many women juggling work and (a lot more) childcare, with likely adverse effects on their mental health and future careers. However, some households, those in which men have not been working, have taken greater steps towards an equal allocation, offering the prospect of sharing the burden of childcare more equally in the future.

This paper revives the debate in the literature about the relationship between house prices and consumption by exploring conflicting results in the UK. Campbell and Cocco () find that old owners benefit most from a house price increase and young renters least, confirming the so‐called wealth hypothesis. In contrast, Attanasio et al. () find that house prices have the same impact on consumption across age groups. We rule out several potential explanations related to data construction, and provide evidence that the functional form can reconcile the conflicting results in the two papers.

We take advantage of a new natural experiment to evaluate the health effects of scheduling birth early for non-medical reasons on infant health. In 2010, the cancellation of a generous child benefit in Spain led may families to schedule birth early in order to remain eligible for the subsidy. We document that the affected cohort of children did not suffer any increase in birth complications or medical conditions right at birth, but were significantly more likely to be admitted to hospital during their second and third weeks of life, suggesting potentially persistent negative health effects.

We study the effects of the cancellation of a sizeable child benefit in Spain on birth timing and neonatal health. In May 2010, the government announced that a 2,500-euro universal baby bonus would stop being paid to babies born on or after January 1st, 2011. We use detailed micro data from birth certificates from 2000 to 2011, and find that more than 2,000 families were able to anticipate the date of birth of their babies from (early) January 2011 to (late) December 2010 (for a total of about 9,000 births a week nationally). This shifting of deliveries led to a significant increase in the number of low birth weight babies, as well as a peak in neonatal mortality. These results suggest that announcement effects are important in shaping economic decisions and outcomes. They also provide new, credible evidence highlighting the negative health consequences of scheduling births for non-medical reasons.