This paper develops and estimates a model of child care markets that endogenizes 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,...

Exploiting cross-birth cohort and cross-country variation from a pool of 188 household surveys from 111 countries, this paper measures how life expectancy at birth affects lifetime education and earnings. On average, individuals add one year of schooling for every 8.3 years of increased life...