Who Takes Care of the Children? The Quantity-Quality Model Revisited
AbstractWe study the Becker and Lewis (1973) quality model of children adding an explicit child care time constraint for parents. They can purchase day car e 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.
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Bibliographic InfoPaper provided by Uppsala - Working Paper Series in its series Papers with number 1998:23.
Length: 9 pages
Date of creation: 1998
Date of revision:
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Phone: + 46 18 471 25 00
Fax: + 46 18 471 14 78
Web page: http://www.nek.uu.se/
More information through EDIRC
FERTILITY ; CHILDREN ; TIME FACTOR;
Other versions of this item:
- Henry Ohlsson & Michael Lundholm, 2002. "Who takes care of the children? The quantity-quality model revisited," Journal of Population Economics, Springer, vol. 15(3), pages 455-461.
- Lundholm, Michael & Ohlsson, Henry, 1998. "Who Takes Care of the Children? The quantity–quality model revisited," Working Paper Series 1998:23, Uppsala University, Department of Economics.
- Lundholm, Michael & Ohlsson, Henry, 1998. "Who Takes Care of the Children? The Quantity-Quality Model Revisited," Research Papers in Economics 1998:4, Stockholm University, Department of Economics.
- D1 - Microeconomics - - Household Behavior
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
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