Catastrophe -- Working to pay for daycare
Filed under:
Economics,
Economics Media Library,
childcare costs,
income leisure tradeoff,
labor economics
Sharon considers working full time to hire a sitter
- from Catastrophe (2015)
- Creator: Amazon
- Distributor: Amazon
- Posted by Jadrian
- Genres
- Options
Commentaries on this Media!
Labor Economics
by JadrianA husband and wife comically discuss their plans for preventing another child, whether to use an IUD or have a vasectomy. The conversation then leads into whether it's time to go back to work after maternity leave. While she loves her children, she wants to be away from them a bit, but they can't decide on the best option. One option is to hire a "child minder," but that would cost nearly the same as her teaching salary, but Sharon is in favor of the option. She's willing to work full time to pay for someone to watch her children, essentially have zero effective income. Why would she be willing to do something like this? She would derive utility from spending time away from her own children.
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