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Who Takes Care of the Children? The Quantity-Quality Model Revisited

Michael Lundholm () and Henry Ohlsson

No 1998:4, Research Papers in Economics from Stockholm University, Department of Economics

Abstract: We study the Becker and Lewis (1973) quantity-quality model of children adding an explicit child care time constraint for parents. They can purchase day care or take care of the children themselves. Our results are: (i) If there is a combination of purchased and own care, the effect of income on fertility is ambiguous, even if quantity of children is a normal good in the standard sense. This is the Becker and Lewis (1973) result. (ii) If, however, there only is purchased care, the income effect on fertility is positive when quantity is a normal good. (iii) If, on the other hand, there only is own care, there is a different kind of quantity-quality trade-off. The income effect on fertility is positive if quantity is a closer complement than quality to the consumption of goods.

Keywords: Fertility; Child Care; Time Constraint; Quantity-Quality Trade-off (search for similar items in EconPapers)
JEL-codes: D10 J13 (search for similar items in EconPapers)
Pages: 9 pages
Date: 1998-12-15
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Who takes care of the children? The quantity-quality model revisited (2002) Downloads
Working Paper: Who Takes Care of the Children? The Quantity-Quality Model Revisited (1998)
Working Paper: Who Takes Care of the Children? The quantity–quality model revisited (1998) Downloads
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