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We develop and estimate a model of child care markets that endogenizes both demand and supply. On the demand side, families with a child make consumption, labor supply, and child-care decisions within a static, unitary household model. On the supply side, child care providers make entry, price,...
Persistent link: https://www.econbiz.de/10012159183
ignoring the household as unit of decision-making has relevant empirical consequences. In estimation, the individual search … inequality measures. -- household search ; inequality ; structural estimation …
Persistent link: https://www.econbiz.de/10009629634