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UID:20250928T142534EDT-4247u6B0tX@132.216.98.100
DTSTAMP:20250928T182534Z
DESCRIPTION:'Costs of Daycare\, Complementarities\, and Heterogeneous Produ
 ctivity of Parenting Time in Child Skill Formation'\n\nTímea Laura Molnár 
 (Central European University)\n	February 13\, 2024\, 12:00 to 1:00 PM\n	Leac
 ock 429\n\nAbstract: : I study two key features of child skill formation: 
 whether parenting time and child market goods (e.g.\, daycare\, books\, to
 ys) are complements\, and whether high-educated parents’ time is more prod
 uctive in it. I start with new reduced-form effects of cheaper daycare: (1
 ) parents allocate more time to their children and buy more child market g
 oods\, and (2) high-educated parents increase their parenting time more. T
 o explain these\, I present a new model of parental time allocation\, wher
 ein productivity of parenting time (PPT) depends on parents’ education\, i
 nnate parenting ability and effort\, and mental health. My model’s structu
 ral estimates reveal that (i) parents perceive parenting time and child ma
 rket goods as complements\, and (ii) high-educated perceive their PPT as g
 reater. My model explains (1)–(2) through an interaction between (i)–(ii):
  as daycare price falls\, parents with greater PPT increase their parentin
 g time more. If PPT is unaltered when daycare price falls\, child skills i
 ncrease more for high-educated parents’ children\, where most of the incre
 ase stems from more parenting—and not daycare—time. Thus\, complementarity
  magnifies the role of a daycare policy\, and the greater PPT of high-educ
 ated exacerbates inequality and widens early skill gaps.\n
DTSTART:20240213T170000Z
DTEND:20240213T180000Z
LOCATION:Room 429\, Leacock Building\, CA\, QC\, Montreal\, H3A 2T7\, 855 r
 ue Sherbrooke Ouest
SUMMARY:Tímea Laura Molnár (Central European University)\, 'Costs of Daycar
 e\, Complementarities\, and Heterogeneous Productivity of Parenting Time i
 n Child Skill Formation'
URL:/economics/channels/event/timea-laura-molnar-centr
 al-european-university-costs-daycare-complementarities-and-heterogeneous-3
 54159
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