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We develop and estimate a model of child care markets that endogenizes both demand and supply. On the demand side, families with a child make consumption, labor supply, and child-care decisions within a static, unitary household model. On the supply side, child care providers make entry, price,...
Persistent link: https://www.econbiz.de/10012587543
This paper develops and estimates a model of child care markets that endogenizes demand and supply. On the demand side, families with a child make consumption, labor supply, and child care decisions within a static, unitary household model. On the supply side, child care providers make entry,...
Persistent link: https://www.econbiz.de/10012390346
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Free college proposals have become increasingly popular in many countries. To evaluate their potential effects, this paper develops and estimates a dynamic model of college enrollment, performance, and graduation. A central piece of the model, student effort has a direct effect on class...
Persistent link: https://www.econbiz.de/10012390347