@article{bc93aea020544385b1c45fa33f0f18b8,
title = "Household choices and child development",
abstract = "The growth in labour market participation among women with young children has raised concerns about its implications for child cognitive development.We estimate a model of the cognitive development process of children nested within an otherwise standard model of household behaviour. The household makes labour supply decisions and provides time and money inputs into the child quality production process during the development period. Our empirical results indicate that both parents' time inputs are important for the cognitive development of their children, particularly when the child is young. Money expenditures are less productive in terms of producing child quality. Comparative statics exercises demonstrate that cash transfers to households with children have small impacts on child quality due to the relatively low impact of money investments on child outcomes and the fact that a significant fraction of the transfer is spent on other household consumption and the leisure of the parents.",
keywords = "Child development, Household labour supply, Time allocation",
author = "{Del Boca}, Daniela and Christopher Flinn and Matthew Wiswall",
note = "Funding Information: Acknowledgments. We thank Joyce Cheng Wong and Anna Laura Mancini for truly exceptional research assistance. Part of this research has been supported by a grant from the Institute of Human Development and Social Change at New York University and by a grant from the Collegio Carlo Alberto “Parental and Public Investments and Child Outcomes”. C.F. thanks the National Science Foundation and C.F. and M.W. acknowledge support from the C.V. Starr Center for Applied Economics at New York University. We are very grateful to four anonymous referees and the editor for constructive comments and criticisms. We have benefited from the comments of discussants Thomas Demuynck, Jeremy Lise, and Robert Sauer, as well as those of seminar participants at Universidad Pablo de Olavide, Autonoma (Barcelona), Bocconi, the Tinbergen Institute, Tilburg, Collegio Carlo Alberto, CASSR (Sociology, NYU), Ohio State, UNC, UW-Madison, ASU and conference participants at Collegio Carlo Alberto, Cergy, IFS, EALE/SOLE 2010, the Etta Chiuri Memorial conference held in Bari and the Conference in honour of Gary Becker held in Paris. We are responsible for all errors, interpretations, and omissions. Thanks for the support of the European Union{\textquoteright}s Seventh Framework Programme (FP7/2007-2013) under grant agreement no. 320116 for the research project FamiliesAndSocieties.",
year = "2014",
month = jan,
doi = "10.1093/restud/rdt026",
language = "English (US)",
volume = "81",
pages = "137--185",
journal = "Review of Economic Studies",
issn = "0034-6527",
publisher = "Oxford University Press",
number = "1",
}