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For Love or Money--Or Both?

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  • Nancy Folbre
  • Julie A. Nelson

Abstract

This paper explores the implications for economic analysis, societal well-being, and public policy of the movement of care services (such as child and elder care) from home to market. A broad empirical overview sets the stage for the argument that this process cannot be properly evaluated using only a priori judgments about the suitability of marketization. The context in which markets operate is crucial, and while the growth of market provision poses some risks, it also offers some potential benefits.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.14.4.123
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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 14 (2000)
Issue (Month): 4 (Fall)
Pages: 123-140

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Handle: RePEc:aea:jecper:v:14:y:2000:i:4:p:123-140

Note: DOI: 10.1257/jep.14.4.123
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  1. Becker, Gary S, 1985. "Human Capital, Effort, and the Sexual Division of Labor," Journal of Labor Economics, University of Chicago Press, vol. 3(1), pages S33-58, January.
  2. Blau, Francine D & Grossberg, Adam J, 1992. "Maternal Labor Supply and Children's Cognitive Development," The Review of Economics and Statistics, MIT Press, vol. 74(3), pages 474-81, August.
  3. Duncan Ironmonger, 1996. "Counting outputs, capital inputs and caring labor: Estimating gross household product," Feminist Economics, Taylor & Francis Journals, vol. 2(3), pages 37-64.
  4. Nelson, J.A., 1990. "Gender, Metaphor, And The Definition Of Economics," Papers 350, California Davis - Institute of Governmental Affairs.
  5. Joni Hersch, 1991. "Male-female differences in hourly wages: The role of human capital, working conditions, and housework," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 44(4), pages 746-759, July.
  6. Kenneth J. Arrow, 1997. "Invaluable Goods," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 757-765, June.
  7. Eisner, Robert, 1989. "The Total Incomes System of Accounts," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226196381, April.
  8. Julie Nelson, 1999. "Of Markets And Martyrs: Is It OK To Pay Well For Care?," Feminist Economics, Taylor & Francis Journals, vol. 5(3), pages 43-59.
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