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In a recent issue of this journal. M. Luisa Ferriera, Reuben C. Buse, and Jan-Paul Chavas argue that the equivalence scales implicit in the official U.S. poverty line and in public welfare programs overcompensate parents for their children, with resulting negative distributional and incentive...
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When defining and estimating the cost of children and equivalent incomes, children's consumption is normally defined as the household's cash expenditure on consumption goods for children. In fact, a heavy item in the cost of children under school age is time. This paper examines the cost of...
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This paper is about children as subjects of social justice. It argues that economic welfare theory, utilitarianism, and other theories of justice based on utility theory assume rational individuals with stable preferences, and therefore cannot be applied to children. Libertarian justice treats...
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