Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/185519
Authors: 
Borah, Melanie
Knabe, Andreas
Pahlke, Kevin
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper No. 7321
Abstract: 
In this paper, we provide estimates of the subjectively perceived cost of children depending on the extent of parental time restrictions. Building on a study by Koulovatianos et al. (2009) that introduces a novel way of using subjective income evaluation data for such estimations, we conduct a refined version of the underlying survey, focusing on young women with children in Germany. Our study confirms that the monetary cost of children is substantial and increases with parental nonmarket time restrictions. The loss in the material living standard associated with supplying time to the labor market is sizeable for families with children.
Subjects: 
child cost
equivalence scales
full-time employment
subjective income evaluations
JEL: 
I32
J13
J22
Document Type: 
Working Paper

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