| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w30140 |
| 来源ID | Working Paper 30140 |
| An Equilibrium Model of the Impact of Increased Public Investment in Early Childhood Education | |
| Jonathan Borowsky; Jessica H. Brown; Elizabeth E. Davis; Chloe Gibbs; Chris M. Herbst; Aaron Sojourner; Erdal Tekin; Matthew J. Wiswall | |
| 发表日期 | 2022-06-13 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Recent policy proposals call for significant new investments in early care and education (ECE). These policies are designed to reduce the burden of child care costs, support parental employment, and foster child development by increasing access to high-quality care, especially for children in lower-income families. In this paper, we propose and calibrate a model of supply and demand for different ECE service and teacher types to estimate equilibrium family expenditures, participation in ECE, maternal labor supply, teacher wages, market ECE prices, and program costs under different policy regimes. Under a policy of broadly expanded subsidies that limits family payments for ECE to no more than 7% of income among those up to 250% of national median income, we estimate that mothers’ employment would increase by six percentage points while full-time employment would increase by nearly 10 percentage points, with substantially larger increases among lower-income families. The policy would also induce a shift from informal care and parent-only care to center- and home-based providers, which are higher-quality on average, with larger shifts for lower-income families. Despite the increased use of formal care, family expenditures on ECE services would decrease throughout most of the income distribution. For example, families in the bottom three income quintiles would experience expenditure reductions of 76%, 68%, and 55%, respectively. Finally, teacher wages and market prices would increase to attract workers with higher levels of education. We also estimate the impact of a narrower subsidy expansion for families with an income up to 85% of national median income. |
| 主题 | Health, Education, and Welfare ; Education ; Labor Economics ; Demography and Aging |
| URL | https://www.nber.org/papers/w30140 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587812 |
| 推荐引用方式 GB/T 7714 | Jonathan Borowsky,Jessica H. Brown,Elizabeth E. Davis,et al. An Equilibrium Model of the Impact of Increased Public Investment in Early Childhood Education. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w30140.pdf（1094KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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