Long Run Opportunity-Costs of Children According to Education of the Mother in the Netherlands
Children claim a large part of the parents' potential resources, particularly their time. Direct time costs arise through the time spent out of the labor force while the children are small, indirect costs are the result of lower investment into human capital. It is demonstrated in this paper that the average opportunity costs of children of lower educated mothers can be higher than those of higher educated mothers.
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Volume (Year): 9 (1996)
Issue (Month): 3 (August)
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