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No Infant Left Behind: Public Finance Arguments for Mandated Leave and Income Support for Parents

PFM, Vol. 5 No. 1, (2005)

This article constructs a theoretical and evidence-based argument concerning why
maternity and parental leave policy must be viewed as human capital investment
policy. It is argued that income support schemes which allow for (1) parental choice
in terms of care and (2) inclusion of different income groups offer relative
advantages over other alternatives in terms of both equity and political feasibility.

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