Who Takes Care of the Children? The Quantity-Quality Model Revisited
AbstractWe study the Becker and Lewis (1973) quantity-quality model of children adding an explicit child care time constraint for parents. They can purchase day care 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 Stockholm University, Department of Economics in its series Research Papers in Economics with number 1998:4.
Length: 9 pages
Date of creation: 15 Dec 1998
Date of revision:
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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
Phone: +46 8 16 20 00
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Fertility; Child Care; Time Constraint; Quantity-Quality Trade-off;
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.
- Lundhlom, M. & Ohlsson, H., 1998. "Who Takes Care of the Children? The Quantity-Quality Model Revisited," Papers 1998:23, Uppsala - Working Paper Series.
- 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.
- D10 - Microeconomics - - Household Behavior - - - General
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
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