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Nonmarket household time and the cost of children

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

Open Access Publications from Kiel Institute for the World Economy from Kiel Institute for the World Economy (IfW)

Abstract: Raising children demands a considerable amount of parental time, obliging working parents either to reduce their leisure time further or to buy childcare services in the market. Parents may face additional opportunity costs upon deciding to participate in the labor market, but these are difficult to measure. Using a survey instrument in Belgium and Germany, we estimate the income compensation needed to maintain family well-being when adults work versus when they do not enter the labor market. In both countries we find that full-time working parents face extra child costs and require higher labor market participation compensation compared with childless adults.

Date: 2009
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https://www.econstor.eu/bitstream/10419/28906/1/592371182.pdf (application/pdf)

Related works:
Journal Article: Nonmarket Household Time and the Cost of Children (2009) Downloads
Working Paper: Nonmarket Household Time and the Cost of Children (2008) Downloads
Working Paper: Non-Market Household Time and the cost of Children (2006) Downloads
Working Paper: Non-market household time and the cost of children (2006) Downloads
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