Abstract
The problem I am concerned with this evening is to measure the cost of a child to a family. We all know that three cannot live as cheaply as two, but it would be valuable to know how much more a couple needs to be as well off as they would be if there were no child.
A past version of this paper was read before the Manchester Statistical Society on 8th December, 1948.
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© 1973 Economic Study Society
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Henderson, A.M. (1973). The Cost of a Family. In: Farrell, M.J. (eds) Readings in Welfare Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-15492-0_8
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DOI: https://doi.org/10.1007/978-1-349-15492-0_8
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