Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/171294
Authors: 
Camehl, Georg F.
Schober, Pia S.
Spiess, Christa Katharina
Year of Publication: 
2017
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research 939
Abstract: 
Economic theory predicts market failure in the market for early childhood education and care (ECEC) due to information asymmetries. We empirically investigate information asymmetries between parents and ECEC professionals in Germany, making use of a unique extension of the German Socio-Economic Panel Study (SOEP). It allows us to compare quality perceptions by parents and pedagogic staff of 734 ECEC institutions which were attended by children in SOEP households. Parents and staff were asked to rate the same quality measures. We detect considerable information asymmetries between these groups which differ across quality measures but little by parental socio-economic background or center characteristics. Our findings imply that information is not readily available to parents, an issue that should be addressed by policy-makers.
Subjects: 
child care
quality
information asymmetries
socio-economic differences
Germany
Document Type: 
Working Paper

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