Corpus ID: 3237010

Time vs . Money : Which Resources Matter for Children ?

  title={Time vs . Money : Which Resources Matter for Children ?},
  author={Joseph Price},
Parents face a number of decisions that involve a trade-off between the amount of time and money they can provide their children. This paper estimates the relative impact of parental time and family income on child outcomes. Parents generally allocate resources equally among their children at each point in time but the amount of resources available to distribute changes over time. As a result the first-born child gets more parental time while the second child experiences a higher level of… Expand

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