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Valuing Substitute Families:Financial Support for Foster and Adoptive Families

Author

Listed:
  • Mary Eschelbach Hansen

    () (Department of Economics, American University)

  • Paul Jacobs

    (Department of Economics, American University)

Abstract

We examine current child welfare policy meant to encourage families to do the caring labor of fostering and adopting. Existing subsidy policy does not adequately insure foster and adoptive families against the financial risk associated with caring for children who have been victims of abuse or neglect. We call for a recasting of exiting programs as insurance. An insurance program would protect current substitute families and would attract additional substitute families who currently do not participate because of the “doing it for the money” stigma that surrounds the existing program.

Suggested Citation

  • Mary Eschelbach Hansen & Paul Jacobs, 2007. "Valuing Substitute Families:Financial Support for Foster and Adoptive Families," Working Papers 2007-04, American University, Department of Economics.
  • Handle: RePEc:amu:wpaper:0407
    as

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    File URL: http://w.american.edu/cas/economics/repec/amu/workingpapers/2007-04.pdf
    File Function: First version, 2007
    Download Restriction: no

    References listed on IDEAS

    as
    1. 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.
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    3. Lichtenberg Frank R., 2002. "The Effects of Medicare on Health Care Utilization and Outcomes," Forum for Health Economics & Policy, De Gruyter, vol. 5(1), pages 1-29, January.
    4. Frey, Bruno S, 1997. "A Constitution for Knaves Crowds Out Civic Virtues," Economic Journal, Royal Economic Society, vol. 107(443), pages 1043-1053, July.
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    6. Susan Eaton, 2005. "Eldercare In The United States: Inadequate, Inequitable, But Not A Lost Cause," Feminist Economics, Taylor & Francis Journals, vol. 11(2), pages 37-51.
    7. Currie, Janet & Gruber, Jonathan, 1996. "Saving Babies: The Efficacy and Cost of Recent Changes in the Medicaid Eligibility of Pregnant Women," Journal of Political Economy, University of Chicago Press, vol. 104(6), pages 1263-1296, December.
    8. Goldman D. P. & Bhattacharya J. & McCaffrey D. F. & Duan N. & Leibowitz A. A. & Joyce G. F. & Morton S. C., 2001. "Effect of Insurance on Mortality in an HIV-Positive Population in Care," Journal of the American Statistical Association, American Statistical Association, vol. 96, pages 883-894, September.
    9. Iulie Aslaksen & Charlotte Koren & Marianne Stokstad, 2000. "The Effect of Child Care Subsidies: A Critique of the Rosen Model," Feminist Economics, Taylor & Francis Journals, vol. 6(1), pages 95-103.
    10. Hanratty, Maria J, 1996. "Canadian National Health Insurance and Infant Health," American Economic Review, American Economic Association, vol. 86(1), pages 276-284, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    adoption; caring labor; child welfare policy; foster care; insurance; subsidy;

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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