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Estimating the Cost of Children: Theoretical Considerations Related to Transitions to Adulthood and the Valuation of Parental Time for Developing Child Support Guidelines

This report updates previous papers that reviewed the literature on the costs of raising children, up to and including those costs associated with the transition to adulthood. As with any literature review, data included will depend on the extent to which research in this field has been reported.

The report provides evidence on the state of research concerning the costs of children and intra-family allocation of resources up through young adulthood, and can be used to help guide discussions of potential changes in Wisconsin’s guidelines. The review of expenditures during the transition to adulthood provides context for the discussion of asset accounts and college savings in the report “Extent of Guidelines Compliance in New Orders,” above.

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Child Support, Child Support Policy Research, Children, Guidelines, Transition to Adulthood

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