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Investing in our Young People: Family Lives, Reconciliation Policies and Social Capital


  • Giuseppina Malerba

    (Universita' Cattolica del Sacro Cuore di Milano)


Early childhood investment is of major importance in human and social capital theory, but can be a relevant issue even in policy making since there is evidence that an equity-efficiency trade-off does not exist for investments in very young people. Our analysis compares governments’ policies across OECD countries by three main dimensions: an overview of child well-being indicators and governments’ spending on children; a summary of different approaches to childcare policies for children 0-3 years of age; and a comparative analysis of the role of reconciliation policies between work and family responsibilities. The aim of this analysis is to contribute to a debate on investment in young children by posing some policy questions about the family role in childcare, the social responsibility in childrearing and the State auspices in increasing social capital formation through investment in young people and a more effective reconciliation between employment targets and family daily lives.

Suggested Citation

  • Giuseppina Malerba, 2009. "Investing in our Young People: Family Lives, Reconciliation Policies and Social Capital," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 117(3), pages 539-570.
  • Handle: RePEc:vep:journl:y:2009:v:117:i:3:p:539-570

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    References listed on IDEAS

    1. Pierre Cahuc & André Zylberberg, 2004. "Labor Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 026203316x, July.
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    7. Arthur J. Hosios, 1990. "On The Efficiency of Matching and Related Models of Search and Unemployment," Review of Economic Studies, Oxford University Press, vol. 57(2), pages 279-298.
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    More about this item


    Childhood investment; Childcare policies; Reconciliation policies; Family policies; Social capital formation;

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J81 - Labor and Demographic Economics - - Labor Standards - - - Working Conditions
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility


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