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Title: Parental time restrictions and the cost of children : insights from a survey among mothers
Author(s): Borah, MelanieLook up in the Integrated Authority File of the German National Library
Knabe, AndreasLook up in the Integrated Authority File of the German National Library
Pahlke, Kevin
Issue Date: 2021
Type: Article
Language: English
URN: urn:nbn:de:gbv:ma9:1-1981185920-733843
Subjects: Child cost
Equivalence scales
Full-time employment
Subjective income
Abstract: An important aspect when analyzing economic inequality between households with children is time. At given monetary incomes, the material well-being of families may be very different depending on how much time parents have at their disposal. In this paper, we provide estimates of the subjectively perceived cost of children depending on the extent of parental time restrictions. Building on a study by Koulovatianos, Schröder and Schmidt (J. Bus. Econ. Stat. 27:42–51, 2009) that introduces a novel way of using subjective income evaluation data for such estimations, we conduct a refined version of the underlying survey, focusing on young women with children in Germany. Our study confirms that the perceived monetary cost of children is substantial and increases with parental nonmarket time restrictions. The experienced loss in material living standards associated with supplying time to the labor market is sizeable for families with children.
Open Access: Open access publication
License: (CC BY 4.0) Creative Commons Attribution 4.0(CC BY 4.0) Creative Commons Attribution 4.0
Sponsor/Funder: Projekt DEAL 2020
Journal Title: Journal of economic inequality
Publisher: Springer US
Publisher Place: New York
Volume: 19
Issue: 1
Original Publication: 10.1007/s10888-020-09467-2
Page Start: 73
Page End: 95
Appears in Collections:Fakultät für Wirtschaftswissenschaft (OA)

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