Artikel

Measuring the cost of children

The cost of children is a critical parameter used in determining many economic policies. For instance, correctly setting the tax deduction for families with children requires assessing the true household cost of children. Evaluating child poverty at the individual level requires making a clear distinction between the share of family resources received by children and that received by parents. The standard ad hoc measures (equivalence scales) used in official publications to measure the cost of children are arbitrary and are not informed by any economic theory. However, economists have developed methods that are grounded in economic theory and can replace ad hoc measures.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2015 ; Bonn: Institute for the Study of Labor (IZA)

Klassifikation
Wirtschaft
Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
Consumer Economics: Empirical Analysis
Household Production and Intrahousehold Allocation
Personal Income, Wealth, and Their Distributions
Fertility; Family Planning; Child Care; Children; Youth
Thema
cost of children
consumption
Rothbarth method
Engel method
survey data

Ereignis
Geistige Schöpfung
(wer)
Donni, Olivier
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2015

DOI
doi:10.15185/izawol.132
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Donni, Olivier
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2015

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