Research background: Applied welfare economics offers various social welfare functions (SWF) for appraising income distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank inequality aversion (v). However, a voluntary choice...

Leveraging the introduction of universal low-fee daycare in Québec in 1997, we assess the welfare effect of universal childcare provision. First, using novel data on local daycare coverage and a difference-in-differences design, we show that positive impacts on maternal labor supply and...