G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12550
DP12550 Childcare and Commitment within Households
Paula Gobbi
发表日期2017-12-31
出版年2017
语种英语
摘要This paper proposes a semi-cooperative marital decision process to explain parental underinvestment in childcare. First, parents collectively choose the amount of labor to supply and, in a second step, they each choose the amount of childcare as the outcome of a Cournot game. Non-cooperative behavior stems from the lack of a credible commitment between spouses regarding the amount of childcare they each supply. The theoretical model is able to reproduce that parental time with children increases both with an individual's education and with that of his/her partner. The limited commitment problem leads to an underinvestment in childcare and, hence, child quality: compared to the efficient provision of childcare, the semi-cooperative framework leads to an amount of child quality that is 45% lower.
主题Macroeconomics and Growth
关键词Time use Childcare Education Semi-cooperative model Structural estimation
URLhttps://cepr.org/publications/dp12550
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/541361
推荐引用方式
GB/T 7714
Paula Gobbi. DP12550 Childcare and Commitment within Households. 2017.
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