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Child Care Markets, Parental Labor Supply, and Child Development (英语)

This paper develops and estimates a model of supply and demand for child care. On the demand side, one- and two-parent households make consumption, labor supply, and childcare decisions. On the supply side, non-parental care providers include child care centers, paid caregivers who operate at the child’s home, and unpaid, informal care-givers. Centers make entry, price, and quality decisions under monopolistic competition. Child development is a function...
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