Arbeitspapier

Income capability and child care

This paper has a twofold purpose. It argues firstly, that analysis of income distribution should be a part of the capability approach. Secondly, it argues that the capability approach is a good theoretical foundation for analysis of income distribution. The capability approach to human advantage has not hitherto been applied in mainstream analysis of income and wealth. The paper argues, on the one hand, that the capability approach needs to include a measure of access to economic goods; on the other hand that a capabilitydefinition of income avoids some problems inherent in the traditional, welfarist approach. A modified full income is proposed as a measure of income capability. Modified full income is Beckerian full income corrected for interalia constraints on time. Time needed to care for children (and other dependants) is a constraint on available time. The capability approach will seek to compute the cost of children (and other special needs) by identifying moral and legal constraints on time and other resources through open democratic discussion rather than econometric estimation.

Language
Englisch

Bibliographic citation
Series: Memorandum ; No. 2006,14

Classification
Wirtschaft
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
General Welfare; Well-Being
Subject
Income Distribution
Capability Approach
Cost of Children
Einkommensverteilung
Haushaltseinkommen
Kinder
Kosten

Event
Geistige Schöpfung
(who)
Bojer, Hilde
Event
Veröffentlichung
(who)
University of Oslo, Department of Economics
(where)
Oslo
(when)
2006

Handle
Last update
10.03.20024, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bojer, Hilde
  • University of Oslo, Department of Economics

Time of origin

  • 2006

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