Nonmarket Household Time and the Cost of Children
Bibliographic Data
| ID | 19418073 |
|---|---|
| Authors | Christos Koulovatianos (0000-0003-1694-7963, University of Luxembourg), Carsten Schrder (Christian-Albrechts-Universität zu Kiel), Ulrich Schmidt (0000-0002-4812-3312, Kiel Institute for the World Economy) |
| Year | 2009 |
| Volume | 27 |
| Issue | 1 |
| Pages | 42-51 |
| Publication date | 2009-01-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Business and Economic Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0735-0015 • E-ISSN: 1537-2707 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1198/jbes.2009.0004 |
| OpenAlex | W2033224348 |
| Language | EN |
| Citations received | 5 |
| References cited | 20 |
Raising children demands a considerable amount of parental time, obliging working parents either to reduce their leisure time further or to buy childcare services in the market. Parents may face additional opportunity costs upon deciding to participate in the labor market, but these are difficult to measure. Using a survey instrument in Belgium and Germany, we estimate the income compensation needed to maintain family well-being when adults work versus when they do not enter the labor market. In both countries we find that full-time working parents face extra child costs and require higher labor market participation compensation compared with childless adults
Business · Demographic economics · Economics · Factor market · Labour economics · Leisure time · Microeconomics · Nonmarket forces · Opportunity cost · Working hours · Working time · demographic modeling and climate adaptation · Gender, Labor, and Family Dynamics · Medicine · Psychology · Work-Family Balance Challenges
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| Citations per year | 0.31 |
|---|---|
| Citation span | 2010 - 2023 (14) |
| Highly cited | No |