Baker, Michael; Gruber, Jonathan; Milligan, Kevin - National Bureau of Economic Research (NBER) - 2005
The growing labor force participation of women with small children in both the U.S. and Canada has led to calls for increased public financing for childcare. The optimality of public financing depends on a host of factors, such as the %u201Ccrowd-out%u201D of existing childcare arrangements, the...