Money vs. time: Family income, maternal labor supply, and child development

Arbeitspapier

We study the effect of family income and maternal hours worked on child development. Our instrumental variable analysis suggests different results for cognitive and behavioral development. An additional 1,000 USD in family income improves cognitive development by 4.4 percent of a standard deviation but has no effect on behavioral development. A yearly increase of 100 work hours negatively affects both outcomes by approximately 6 percent of a standard deviation. The quality of parental investment matters and the substitution effect (less parental time) dominates the income effect (higher earnings) when the after-tax hourly wage is below 13.50 USD. Results call for consideration of child care and minimum wage policies that foster both maternal employment and child development.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 273

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes ; Fiscal Policies and Behavior of Economic Agents: Household ; Analysis of Education ; Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs ; Fertility; Family Planning; Child Care; Children; Youth ; Time Allocation and Labor Supply
• Thema: Child development ; family income ; maternal labor supply

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Agostinelli, Francesco ; Sorrenti, Giuseppe
• Ereignis: Veröffentlichung
• (wer): University of Zurich, Department of Economics
• (wo): Zurich
• (wann): 2018

Weitere Informationen

• DOI: doi:10.5167/uzh-145230
• Handle: http://hdl.handle.net/10419/173430
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ