Child Development when Parents Enjoy Childcare
AbstractWe develop a dynamic model of intrahousehold allocation to examine how parental time and resource investment trade-offs combine intertemporally to affect child human-capital development. The model allows parents' endogenous child investments, labor supply, and leisure choices to be determined simultaneously along an optimal time path. Joint production is incorporated, defined as the degree to which parental time devoted to childcare simultaneously serves as leisure. With improvements in assorted parameters describing household and neighborhood environments, child investments and development increase with the degree of jointness in parental time devoted to childcare.
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Bibliographic InfoArticle provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.
Volume (Year): 167 (2011)
Issue (Month): 2 (June)
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Web page: http://www.mohr.de/jite
Postal: Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany
Find related papers by JEL classification:
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
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