The Economic Rationale for Investing in Children: A Focus on Child Care. References


Currie, Janet. "What Can We Learn About Child Care Policy from Public Investments in Children's Health?" Draft paper presented at the Conference on the Economic Rationale for Investing in Children: A Focus on Child Care, Arlington, VA, May 3, 2001.

Hofferth, S.L., K.A. Shauman, R.R. Henke, and J. West. "Characteristics of Children's Early Care and Education Programs: Data from the 1995 National Household Education Survey." Report No. 98-128. Washington, DC: Department of Education, National Center for Education Statistics, 1998.

Smith, Kristin. "Who's Minding the Kids? Child Care Arrangements." Current Population Reports P70-70. Washington, DC: U.S. Census Bureau, 2000.



1.В  See Appendix A for a list of conference participants, a conference agenda, and brief biographical sketches of the conference speakers.

2.В  This paper is available on the Internet at []

3.В  "Crowd out" refers to the extent to which publicly funded services replace privately funded ones without increasing overall use by the target population. For example, despite increases in publicly funded child health insurance in recent years, the proportion of children without insurance coverage has remained constant, while the use of private health insurance has fallen by the same amount that the use of public insurance has risen. This suggests the possibility that public insurance is "crowding out" private insurance (Currie 2001).

4.В  This rationale elicited disagreement among some conference participants who argued that many parents struggle to balance multiple demands. In general, economists were more comfortable than those from other disciplines with viewing parents as potential imperfect agents.