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来源类型Working Paper
规范类型报告
DOI10.3386/w15284
来源IDWorking Paper 15284
The Rug Rat Race
Garey Ramey; Valerie A. Ramey
发表日期2009-08-20
出版年2009
语种英语
摘要After three decades of decline, the amount of time spent by parents on childcare in the U.S. began to rise dramatically in the mid-1990s. Moreover, the rise in childcare time was particularly pronounced among college-educated parents. Why would highly educated parents increase the amount of time they allocate to childcare at the same time that their own market returns have skyrocketed? After finding no empirical support for standard explanations, such as selection or income effects, we offer a new explanation. We argue that increased competition for college admissions may be an important source of these trends. The number of college-bound students has surged in recent years, coincident with the rise in time spent on childcare. The resulting "cohort crowding" has led parents to compete more aggressively for college slots by spending increasing amounts of time on college preparation. Our theoretical model shows that, since college-educated parents have a comparative advantage in college preparation, rivalry leads them to increase preparation time by a greater amount than less-educated parents. We provide empirical support for our explanation with a comparison of trends between the U.S. and Canada, and a comparison across racial groups in the U.S.
主题Labor Economics ; Demography and Aging ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w15284
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/572958
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GB/T 7714
Garey Ramey,Valerie A. Ramey. The Rug Rat Race. 2009.
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