Childcare Subsidies and Child Skill Accumulation in One- and Two-Parent Families

• 成果类型: Article
• 署名作者: Moschini, Emily G.
• 署名单位: William & Mary
• 刊物名称: AMERICAN ECONOMIC JOURNAL-MACROECONOMICS
• ISSN/ISSBN: 1945-7707
• DOI: 10.1257/mac.20200282
• 发表日期: 2023
• 页码: 475-516
• 关键词: gender-differences; investments; constraints; TECHNOLOGY; outcomes

摘要

I examine the role of family structure and childcare subsidies in child skill accumulation. I establish empirically that skill accumulation is more responsive to childcare price for one-parent families than for two-parent families. I analyze the effects of childcare subsidies in a model featuring endogenous family formation, parental altruism, and a baseline subsidy resembling that of the United States. I find that eliminating this subsidy generates welfare losses of 1.63 percent of lifetime consumption, that equilibrium adjustments act to mitigate these losses, and that increasing uptake among one-parent families yields the highest welfare gains per additional recipient.