Publication: Money vs. time: family income, maternal labor supply, and child development
Money vs. time: family income, maternal labor supply, and child development
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Agostinelli, F., & Sorrenti, G. (2021). Money vs. time: family income, maternal labor supply, and child development (No. 273; Working Paper Series / Department of Economics).
Abstract
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This paper analyzes the relationship between work-promoting policies and child development. First, we provide new comprehensive evidence of the unintended consequences for child development of the Earned Income Tax Credit expansions during the 1990s in the United States. Second, our theory-driven empirical model reconciles this result by shedding light on the trade-off between the income effect (economic resources) and the substitution effect (time and quality of the parent-child interactions) on a child's cognitive and behavioral dev
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Citations
Agostinelli, F., & Sorrenti, G. (2021). Money vs. time: family income, maternal labor supply, and child development (No. 273; Working Paper Series / Department of Economics).