Household Production and Children
Arleen A. Leibowitz
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Arleen A. Leibowitz: UCLA School of Public Affairs
Chapter 14. in Jacob Mincer A Pioneer of Modern Labor Economics, 2006, pp 173-185 from Springer
Abstract:
Abstract This paper adapts Mincer’s ideas about informal training, best exemplified by on-the-job training (OJT), to investments that families make in children before formal schooling begins. Like OJT, in-home training (IHT) occurs in informal settings, requires costly time inputs and is complementary with formal schooling. In addition to choosing among home production, leisure and market work, parents also choose which particular home activities to pursue. That working mothers dramatically reduce the time they devote to leisure, sleep, and other home activities in order to preserve their time in human capital-building activities with children, illustrates and validates the home production framework.
Keywords: Human Capital; Household Production; Formal Schooling; Maternal Employment; Market Work (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-29175-8_14
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DOI: 10.1007/0-387-29175-X_14
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