In the selected book entitled, "The Child Care Problem: An Economic Analysis," David M. Blau goes on to explain the supply of child care and the quality of it in the market. In chapter five, the author presents findings that portray that, "the quality of child care supplied are quite responsive to the price of childcare. As demand for child care increases owing to the increased labor force participation of mothers of young children, the market responds with an increase in the quality of care supplied," (Blau, D., 2001). This basically shows, "that the child care market "works" in the sense that providers are able to expand both quantity and quality of child care in response to the demand," (Blau, D., 2001). Within chapter six of his book, the author states how the quality and price of child care vary depending where one lives. The author also states that, "price is associated with provider characteristics other than quality, including the age, race, and ethnicity of children, the race of the provider, size of the center, and hours of operation," (Blau, D., 2001). Therefore, David M. Blau goes on to explain the supply of child care and the quality of it in the market place within chapters five and six. Stay tuned for more updates and more information!
Blau, D. M. (2001). Chapter Five and Six. In The Child Care Problem: An Economic Analysis (pp. 86- 124). New York, New York: Russell Sage Foundation.
Blau, D. M. (2001). Chapter Five and Six. In The Child Care Problem: An Economic Analysis (pp. 86- 124). New York, New York: Russell Sage Foundation.