• Title/Summary/Keyword: childcare expenses subsidy

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Changes in Preschool Childcare and Private Education Expenses of Different Income Groups Caused by the Expansion of the Childcare Subsidy Recipients: A Focus on Universal Childcare Policy (보육비 지원대상 확대에 따른 소득계층별 유아 보육비 및 사교육비 변화: 무상보육정책 시행을 중심으로)

  • Jung, Su-Ji;Pack, Yun-Hyun;Song, Ji-Na;Kim, Daewoong;Yi, Soon-Hyung
    • Korean Journal of Child Studies
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    • v.37 no.2
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    • pp.27-42
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    • 2016
  • Objective: The purpose of this study was to examine the changes of childcare expenses and private education expenses caused by target expanding the childcare subsidy policy and its relationship to household income. Methods: The study analyzed data of the Korean Welfare Panel Study from 2009, before the universal childcare policy was enforced, to 2013, when the universal childcare policy was enforced. Results and Conclusion: The results of analysis were as follows. First, while childcare expenses, private education expenses, and their ratios to household income showed a tendency of gradual decline, the graphs of childcare and private education expenses were symmetric. Second, there were differences in childcare and private education expenses among income classes. Third, in 2009, before the universal childcare policy was enforced, household income affected childcare and private expenses. Lastly, in 2013, after the universal childcare policy was implemented, household income had a greater effect on private education expenses, while the effect of household income on childcare expenses became insignificant.

The Effects of Universal Child Care Subsidy on Female Labor Supply and Fertility (보편적 보육료 지원정책이 여성 노동공급과 출산율에 미친 영향)

  • Min, Gyuryang;Lee, Chulhee
    • Journal of Labour Economics
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    • v.43 no.4
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    • pp.143-177
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    • 2020
  • This paper investigates how the provision of full child care subsidy to infants and toddlers differently affected female labor supply and fertility rate depending on the level of supply of child care centers in the place of residence. Our results on labor supply show that the higher the supply rate of childcare centers in residential areas, the higher the probability of career maintenance for multi-child mothers who are more likely to be admitted to a childcare facility. The results on the fertility rate show that the first child's fertility rate has increased since the support of childcare expenses in areas with higher rates of childcare centers. In the places where the supply rate of publicly-funded childcare centers is high, the second child's fertility rate has also increased significantly since the support of childcare expenses. This suggests that the quality of child care is an essential factor in determining the birth rate. Our results suggest that the effects of child care support on women's labor supply and fertility rate may differ depending on the priority of entering child care centers according to birth order and the degree of quantitative and qualitative supply of child care centers in the place of residence.

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