Process benefit scores indicates that time with own children is preferred before all other activities, closely followed by market work. The trade-off between parents' time with their own kids and market work, and its dependence on out-of-home day-care is analyzed in a simultaneous equation...

Process benefit scores indicates that time with own children is preferred before all other activities, closely followed by market work. The trade-off between parents time with their own kids and market work, and its dependence on out-of-home day-care is analyzed in a simultaneous equation...

This paper studies how young adults make relocation decisions to take advantage of time transfers from parents as a form of insurance against adverse economic conditions. It first documents the fact that adult children who received negative income shocks during the Great Recession were more...