For Love or Money--Or Both?
AbstractThis paper explores the implications for economic analysis, societal well-being, and public policy of the movement of care services (such as child and elder care) from home to market. A broad empirical overview sets the stage for the argument that this process cannot be properly evaluated using only a priori judgments about the suitability of marketization. The context in which markets operate is crucial, and while the growth of market provision poses some risks, it also offers some potential benefits.
CitationFolbre, Nancy, and Julie A. Nelson. 2000. "For Love or Money--Or Both?" Journal of Economic Perspectives, 14 (4): 123-140. DOI: 10.1257/jep.14.4.123
- J10 Demographic Economics: General
- D13 Household Production and Intrahousehold Allocation
- N31 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, and Religion: U.S.; Canada: Pre-1913
- N32 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, and Religion: U.S.; Canada: 1913-
- I31 General Welfare