NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Stress Cost of Children

Hielke Buddelmeyer, Daniel S. Hamermesh, Mark Wooden

NBER Working Paper No. 21223
Issued in May 2015
NBER Program(s):Labor Studies

We use longitudinal data describing couples in Australia from 2001-12 and Germany from 2002-12 to examine how demographic events affect perceived time and financial stress. Consistent with the view of measures of stress as proxies for the Lagrangean multipliers in models of household production, we show that births increase time stress, especially among mothers, and that the effects last at least several years. Births generally also raise financial stress slightly. The monetary equivalent of the costs of the extra time stress is very large. While the departure of a child from the home reduces parents’ time stress, its negative impacts on the tightness of the time constraints are much smaller than the positive impacts of a birth.

download in pdf format
   (515 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w21223

Users who downloaded this paper also downloaded* these:
Heller, Shah, Guryan, Ludwig, Mullainathan, and Pollack w21178 Thinking, Fast and Slow? Some Field Experiments to Reduce Crime and Dropout in Chicago
Novy-Marx and Velikov w20721 A Taxonomy of Anomalies and their Trading Costs
Eyster, Rabin, and Vayanos w21224 Financial Markets where Traders Neglect the Informational Content of Prices
Gimpelson and Treisman w21174 Misperceiving Inequality
Huggett and Kaplan w21238 How Large is the Stock Component of Human Capital?
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us