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Estimates of Family Expenditures for Children: A Review of the Literature

This paper is designed to relate solely to the issue of the cost of raising children. The authors review the existing literature regarding estimates of expenditures for children. They attempt to set the context for reliance on estimates of expenditures for children in Section II. Section III reviews the initial selection of the standard. Conceptual approaches to determining the cost of children are reviewed in Section IV. The purpose of this paper is not to develop new estimates, but to review existing estimates, which the authors do in Section V. In Section VI, they discuss implications of their research for Wisconsin’s standard and identify areas where future research may be required. Appendix I contains a more detailed description of the alternative methodologies reviewed for this report.

Categories

Child Support, Child Support Policy Research, Guidelines