We formalize and estimate the dynamic marginal efficiency cost of redistribution (MECR) in the spirit of Okun’s “leaky bucket” to compare the MECR of an income-contingent childcare subsidy program and of the income-contingent tax and transfer schedule. We set up a dynamic structural model...

We analyse a model in which families may either be “traditional” single-earner with caring for the child at home or “modern” double-earner households using market child care. Family policies may favour either the one or the other group, like market care subsidies vs. cash for care....

We analyse a model in which families may either be “traditional” single-earner with caring for the child at home or “modern” double-earner households using market child care. Family policies may favour either the one or the other group, like market care subsidies vs. cash for care....

Dies ist ein Open-Access-Buch. Der Band bietet eine wirtschaftswissenschaftlich und psychologisch fundierte Herleitung von Wohlfahrtseffekten, die durch den zunehmenden Erwerbsumfang von Müttern und der daraus resultierenden frühkindlichen institutionellen Fremdbetreuung entstehen. Das Buch...