Measuring the cost of children

Artikel

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.

Object Details

• Language: Englisch

References and Relationships

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

Classification and Topics

• Classification: 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
• Subject: cost of children ; consumption ; Rothbarth method ; Engel method ; survey data

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Donni, Olivier
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2015

Further information

• DOI: doi:10.15185/izawol.132
• Handle: http://hdl.handle.net/10419/125357
• Last update: 10.03.2025, 11:44 AM CET