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Parental Time Restrictions and the Cost of Children: Insights from a Survey among Mothers

Melanie Borah, Andreas Knabe and Kevin Pahlke

No 7321, CESifo Working Paper Series from CESifo

Abstract: In this paper, we provide estimates of the subjectively perceived cost of children depending on the extent of parental time restrictions. Building on a study by Koulovatianos et al. (2009) that introduces a novel way of using subjective income evaluation data for such estimations, we conduct a refined version of the underlying survey, focusing on young women with children in Germany. Our study confirms that the monetary cost of children is substantial and increases with parental nonmarket time restrictions. The loss in the material living standard associated with supplying time to the labor market is sizeable for families with children.

Keywords: child cost; equivalence scales; full-time employment; subjective income evaluations (search for similar items in EconPapers)
JEL-codes: I32 J13 J22 (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-eur and nep-lab
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Journal Article: Parental time restrictions and the cost of children: insights from a survey among mothers (2021) Downloads
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