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Non-Market Household Time and the cost of Children

Christos Koulovatianos (), Carsten Schröder () and Ulrich Schmidt

Vienna Economics Papers from University of Vienna, Department of Economics

Abstract: A distinguishing feature among households is whether adult members work or not, since the occupational status of adults affects their available time for home activities. Using a survey method in two countries, Belgium and Germany, we provide household incomes that retain the level of well-being across different family types, distinguished by family size and occupational status of adults. Our tests support that childcare-time costs are important determinants of household well-being. Estimates of child costs relative to an adult are higher for households that are time-constrained (all adults in the household work). Moreover, we find supportive evidence for the hypothesis that, in two-adult households, there is a potential for within-household welfare gains from specialization in market- vs. domestic activities, especially childcare.

JEL-codes: D13 J22 D31 I31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab
Date: 2006-06
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Related works:
Working Paper: Non-market household time and the cost of children (2006) Downloads
Journal Article: Nonmarket Household Time and the Cost of Children (2009) Downloads
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