Time Cost of Children as Parents' Foregone Leisure |
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Authors: | Olivia Ekert-Jaffé Shoshana Grossbard |
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Institution: | 1. Institut national d'études démographiques, Paris, Franceekert@ined.fr;3. Department of Economics, San Diego State University, California, USA;4. IZA, Bonn, Germany |
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Abstract: | From the 1998–99 French Insee time use survey, the time cost of children is estimated in terms of hours of foregone leisure. The focus on couples with two spouses working full time implies no need to be concerned about substitution between home production and labor supply. The model accounts for selection into full-time employment, endogenous wages, and controls for outside help with home production and child care. The foregone leisure cost per child under the age of 3 is 1.6 hours for each parent. It is about half that size for children aged 3 to 14. Children over age 14 involve no leisure cost to parents. |
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Keywords: | cost of children leisure time allocation time cost |
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