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dc.contributor.advisorWilcox-Gök, Virginia Louiseen_US
dc.contributor.authorReynolds, Kevin (Student of economics)en_US
dc.date.accessioned2016-10-14T14:02:49Z
dc.date.available2016-10-14T14:02:49Z
dc.date.issued2012
dc.identifier.urihttp://commons.lib.niu.edu/handle/10843/16725
dc.descriptionIncludes bibliographical references.en_US
dc.description.abstractHow do increasing levels of education affect parents’ decisions to stay home with their children? When children are born parents make the decision to stay home and raise them or to continue at their jobs in the labor force. Parents need to be informed to make the best choice for their family. The choice to stay home with the children or work in the labor market is based on the perceived value a family puts on a parent staying home. Some of the duties of a typical stay-home parent include cooking, cleaning, laundering, childcare, and driving. Using three levels of education including high school, college, and professional school graduates an income will be established that parents may use to determine whether or not they should stay home. Opportunity cost, market equivalents of services, and reservation wage will all be used to determine at what level parents will stay home. Financially, if a parent makes more than the average salary of someone performing the average household tasks, they should choose to enter the labor force once again. Otherwise it is beneficial to stay home and raise the child and forgo the potential market wage.en_US
dc.format.extent12 unnumbered pagesen_US
dc.language.isoen_USen_US
dc.publisherNorthern Illinois Universityen_US
dc.rightsNIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.en_US
dc.subjectvalueen_US
dc.subjectstay-home parenten_US
dc.titleThe value of a stay-home parenten_US
dc.type.genreDissertation/Thesisen_US
dc.typeTexten_US
dc.contributor.departmentDepartment of Economicsen_US


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