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For Love or Money--Or Both?

Author

Listed:
  • 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.

Suggested Citation

  • Nancy Folbre & Julie A. Nelson, 2000. "For Love or Money--Or Both?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 123-140, Fall.
  • 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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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.14.4.123
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    References listed on IDEAS

    as
    1. 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.
    2. Nelson, Julie A., 1992. "Gender, Metaphor, and the Definition of Economics," Economics and Philosophy, Cambridge University Press, vol. 8(01), pages 103-125, April.
    3. 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 474-481, August.
    4. Kenneth J. Arrow, 1997. "Invaluable Goods," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 757-765, June.
    5. Joni Hersch, 1991. "Male-Female Differences in Hourly Wages: The Role of Human Capital, Working Conditions, and Housework," ILR Review, Cornell University, ILR School, vol. 44(4), pages 746-759, July.
    6. 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.
    7. 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 33-58, January.
    8. Eisner, Robert, 1989. "The Total Incomes System of Accounts," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226196381, April.
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    More about this item

    JEL classification:

    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • N31 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: Pre-1913
    • N32 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: 1913-
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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