Efficient child care subsidies
We study the design of child care subsidies in an optimal welfare problem with heterogeneous private market productivities. The optimal subsidy schedule is qualitatively similar to the existing US scheme. Efficiency mandates a subsidy on formal child care costs, with higher subsidies paid to lower i...
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| 格式: | text |
| 語言: | English |
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Institutional Knowledge at Singapore Management University
2020
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| 在線閱讀: | https://ink.library.smu.edu.sg/soe_research/2026 https://ink.library.smu.edu.sg/context/soe_research/article/3025/viewcontent/aer.20170581.pdf |
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