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January 17, 2009

Excerpt from Journal of Economic Perspectives

In the summer of 2008, an article was published in the Journal of Economic Perspectives based on research which found that
"higher-educated parents spend more time with their children; for example, mothers with a college education or greater spend roughly 4.5 hours more per week in child care than mothers with a high school degree or less. This relationship is striking, given that higher-educated parents also spend more time working outside the home. This robust relationship holds across all subgroups examined, including both nonworking and working mothers and working fathers. It also holds across all four subcategories of child care: basic, educational, recreational, and travel related to child care. From an economic perspective, this .... can be viewed as surprising, given that the opportunity cost of time is higher for higher-educated, high-wage adults. In sharp contrast, the amount of time allocated to home production and to leisure falls sharply as education and income rise."

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