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

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. / Master of Arts

Identiferoai:union.ndltd.org:VTETD/oai:vtechworks.lib.vt.edu:10919/44147
Date04 August 2009
CreatorsDempsey, Deborah Lewis
ContributorsEconomics, Mackay, Robert J., Meiselman, David I., Porter, William R.
PublisherVirginia Tech
Source SetsVirginia Tech Theses and Dissertation
LanguageEnglish
Detected LanguageEnglish
TypeThesis, Text
Formatv, 127 leaves, BTD, application/pdf, application/pdf
RightsIn Copyright, http://rightsstatements.org/vocab/InC/1.0/
RelationOCLC# 24583058, LD5655.V855_1991.D467.pdf

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