Optimal Disability Insurance with Informal Child Care
نویسنده
چکیده
Contribution: Qualitative Policy Implications •Simple static model to capture main intuition •Efficiency case for positive subsidies on formal child care •Implementation of the optimal policy as though informal child care were observable Quantitative Exercise •Calibrate an overlapping generations model to the US economy •Optimal benefits vary with child care needs •Optimal average tax rate lower compared to the US for healthy families and vice versa for disabled families •Cost savings of 3.4% relative to the US economy
منابع مشابه
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