000 01161nam a22001457a 4500
999 _c516226
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008 210219b ||||| |||| 00| 0 eng d
100 _aBastani, S., Blomquist, S. and Micheletto, L.
_924260
245 _aChild care subsidies, quality, and optimal income
260 _aAmerican Economic Journal: Economic Policy
300 _a12(4), Nov, 2020: p.1-37
520 _aWe study child care subsidies in a Mirrleesian optimal tax framework where parents choose both the quantity and quality of child care. Child care services not only enable parents to work, but also contribute to children's human capital. We examine the conditions under which child care expenditures should be encouraged or discouraged by the tax system under different assumptions regarding the available policy instruments. Using a quantitative model calibrated to the US economy, we illustrate the possibility that child care expenditures should be taxed rather than subsidized, and we discuss the merits of public provision schemes for child care. – Reproduced
773 _aAmerican Economic Journal: Economic Policy
906 _aCHILD CARE - GOVERNMENT POLICY
942 _cAR