Childcare Markets, Parental Labor Supply, and Child Development
构建并估计了育儿市场的供需模型，分析家庭消费、劳动供给与育儿选择，发现仅限高质量机构或工作母亲使用的育儿券能同时促进儿童发展和母亲劳动供给。
We develop and estimate a model of supply and demand for childcare. On the demand side, households make consumption, labor supply, and childcare decisions. On the supply side, centers make entry, price, and quality decisions. In addition, both paid and informal caregivers are available. Child development is a function of the time spent with parents and nonparental care providers. We estimate the model using data from the Early Childhood Longitudinal Study, Birth Cohort, and perform policy experiments. Vouchers that can be used only in high-quality centers or by working mothers are particularly effective, since they deliver child development gains while increasing mothers’ labor supply.