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In an influential article, Sherwin Rosen (1997) argues that Swedish subsidies of child care services lead to a substantial misallocation of resources that slows economic growth. We offer two major reasons why Rosen's approach is flawed. First and foremost, he ignores the positive externalities...
Persistent link: https://www.econbiz.de/10005484835
Economic growth has increased the potential for a materially more fulfilling life. But economic growth has a price: it undermines the contributions of households, communities, and nature, on which all economic activity depends. How can we make visible, in economic terms, the qualities that are...
Persistent link: https://www.econbiz.de/10005451671
Measurement of unpaid household work is important in order to better understand income distribution as well as to give visibility to women's work and achieve more comprehensive estimates of the level of economic activity. This article surveys estimates of unpaid household work in Norway for use...
Persistent link: https://www.econbiz.de/10005637626
Persistent link: https://www.econbiz.de/10010803418