Valuing Substitute Families:Financial Support for Foster and Adoptive Families
AbstractWe examine current child welfare policy meant to encourage families to do the caring labor of fostering and adopting. Existing subsidy policy does not adequately insure foster and adoptive families against the financial risk associated with caring for children who have been victims of abuse or neglect. We call for a recasting of exiting programs as insurance. An insurance program would protect current substitute families and would attract additional substitute families who currently do not participate because of the “doing it for the money” stigma that surrounds the existing program.
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Bibliographic InfoPaper provided by American University, Department of Economics in its series Working Papers with number 2007-04.
Length: 37 pages
Date of creation: May 2007
Date of revision:
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Web page: http://www.american.edu/cas/economics/
adoption; caring labor; child welfare policy; foster care; insurance; subsidy;
Find related papers by JEL classification:
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
- I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
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