TY  - RPRT
        AU  - Brown, Jessica H.
AU  - Herbst, Chris M.
        TI  - Child Care over the Business Cycle
        PY  - 2021/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 14048
        UR  - https://www.iza.org/publications/dp14048
        AB  - We estimate the impact of macroeconomic conditions on the child care market. We find that the industry is substantially more exposed to the business cycle than other low-wage industries and responds more strongly to negative shocks than positive ones. Indeed, child care employment requires more time to recover than the rest of the economy. Although the reduction in supply may pose difficulties for parents, we find evidence that center quality is countercyclical. When unemployment rates are higher, child care workers have on average higher levels of education and experience, turnover rates are lower, and consumer reviews on Yelp.com are higher.
        KW  - business cycles
KW  - early childhood education
KW  - child care
        ER  -