child_care - Child Care preschool age children in US: only...

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Child Care preschool age children in US: only 25% are cared for solely by their parents total child care spending in US- $70 billion annually (parents’ expenditures and government subsidies) child care costs might be a barrier to work for single mothers Child care costs are purely hourly child care BC (purely hourly CC costs) no welfare program, non-labor income= $20, wage= $10, hourly CC costs= $5
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child care BC (purely hourly costs)- government fully subsidizes CC costs no welfare program, non-labor income= $20, wage= $10, hourly CC costs= $5 #1) single mother is initially not working #2) single mother is initially working some positive number of hours 2
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Child care costs are purely fixed fixed cost associated with child care- have to pay a fixed cost regardless of how few hours of child care services are utilized (might have to pay for full day even if don’t use full day) “child-care costs per hour of work were three times greater for women who worked fewer than 10 hours per week than for those who worked more”
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This note was uploaded on 09/13/2009 for the course PAM 2040 taught by Professor Lewis during the Spring '07 term at Cornell University (Engineering School).

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child_care - Child Care preschool age children in US: only...

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