Search Results
Journal Article
Child Care, COVID-19, and our Economic Future
Child care is important for cultivating the future workforce, and it also ensures that working parents of today can participate in the economy, helping to achieve the Federal Reserve’s mandate for full employment. While child care in the U.S. is a piece of critical infrastructure, it is often invisible and undervalued. Straddling the lines between parenting, education, and small business, child care does not get the full attention and resources of any particular domain, and its contribution to the economy has been overlooked.Longstanding and widespread constraints in the child care sector ...
Child Care, School Disruptions Burden Working Parents
Despite the U.S. recovery, working parents continue to face the challenges of a disrupted labor market and the struggles of disrupted child care.
Journal Article
Corporations, child care, and changing times
Offering child-care benefits may improve a company's bottom line.
Child Care Remains Central to an Equitable Recovery
Affordable child care can raise labor participation and productivity, as well as improve gender equity and the economic security of mothers, particularly women of color.
Journal Article
Child care costs and the return-to-work decisions of new mothers
Women's labor force participation has nearly doubled in the past 50 years. The increase has been even more dramatic for women with young children, and recent reforms to welfare programs are likely to push the participation rate for this segment even higher. This article examines the economic determinants of a woman's decision to return to work quickly following childbirth, looking in particular at sensitivity to child care costs.
Journal Article
Pandemic, Rising Costs Challenge Child Care Industry
As the economy recovers and more parents return to work, declining child care capacity, combined with higher wages, could continue to push up costs.
Journal Article
President's Message: Flexible Work and Women's Participation
When COVID-19 hit in 2020, one of the many shocks families faced was the closing of schools and child care centers. In many families, the burden of dealing with such shocks was disproportionately borne by the mom — so this sudden change hit women's labor force participation hard. Commentators labeled it a "she-cession."
Journal Article
Family values: child care in the '90s
Journal Article
Opinion: Investing in Women's Careers
In the early 2000s, only about 5 percent of all NBA players were from Europe. As of 2017, that number had risen to almost 14 percent. During this same period, the league's revenue grew from $2.5 billion to $7.4 billion, peaking in 2019 at $8.8 billion. Since that time, the NBA has invested in global talent on behalf of its teams, and it recently opened academies in Australia, India, Senegal, and Mexico. As a result, young athletes worldwide are choosing to play basketball and invest in their skills more often. The investment is paying off: The last five NBA MVP awards have gone to players ...
Working Paper
Intra-household allocation and the mental health of children: structural estimation analysis
This paper estimates the structural parameters of a dynamic model where parents with one child periodically decide whether or not their child uses various mental health services. In this model, mental health services improve a child's mental health (which parents care about), however, mental health services may be costly to the parents both in terms of utility and household consumption. Using a panel data set collected as part of the Fort Bragg Mental Health Demonstration, we estimate the model with a maximum likelihood procedure that accounts for unobservable differences in mental health ...