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    The economic and contracting issues of in-home child care: the nanny market

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    LD5655.V855_1991.D467.pdf (5.210Mb)
    Downloads: 78
    Date
    1991-04-15
    Author
    Dempsey, Deborah Lewis
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    Abstract
    This thesis is an industry study of the market for in-home child care--a market which has developed rapidly in the past 10 years. The economic considerations discussed herein are the market-making characteristics of demand (for nannies), supply (availability of an appropriately skilled labor pool--from both the legal and illegal market), price (wage levels and premiums) and the contracting issues of asymmetric information, search costs, transaction costs, uncertainty and risk. The market is best-explained as a search model and its behavior is driven by solutions to contracting problems.
    URI
    http://hdl.handle.net/10919/44147
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    • Masters Theses [21560]

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