A Structural Model of Labor Supply and Child Care Demand
构建并估计了一个结构模型，将母亲购买市场儿童照护的决定与就业决策同时分析，并模拟联邦儿童照护税收抵免政策变化的效果。
This paper specifies and estimates a structural model in which the decision to purchase market child care-and the quality purchased-is made simultaneously with the employment decision of the mother. Separate analyses are performed for married mothers and single mothers. The structural estimates are used to simulate the effects and costs of changes in the federal child care tax credit. The simulations indicate that a refundable child care tax credit would distribute child care benefits more equally across the population by increasing the shares of subsidies received by low-income families, and would induce a considerable increase in expenditures on market child care. Labor supply also increases, but by considerably less than child care expenditures. A surprising result is that, despite large increases in child care