Joshi, Heather, "The Cash Alternative Costs of Childbearing: An Approach to Estimation Using British Data", Population Studies, Vol. 44, 1990, p. 41-60.

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Time Diary Measures Of Investment In Young Children - Klevmarken, Stafford (1997)   (Correct)

....A few studies have pointed out that in addition to income forgone while a parent is at home taking care of children there is a dynamic shadow price, l K2 above, of the forgone opportunity to invest in additional own human capital and build up future earnings. These estimates (Smith and Ward, 1989; Joshi, 1990, 1994; Calhoun and Espenshade, 1988; Dankmeyer, 1996; Stafford and Sundstrm, 1997) indicate a substantial cost of this sort. In the Netherlands, this time out appears to be very costly for women with less schooling, since the market work experience is even more important for their careers ....

Joshi, Heather, "The Cash Alternative Costs of Childbearing: An Approach to Estimation Using British Data", Population Studies, Vol. 44, 1990, p. 41-60.

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