A Benefit-Cost Analysis of Child Care Subsidy Expansions: The New York State Case
Working Paper Megan Curran Working Paper Megan Curran

A Benefit-Cost Analysis of Child Care Subsidy Expansions: The New York State Case

This paper estimates the benefits and costs of a proposed New York State policy reform to provide child care subsidies to families up to three times the federal poverty line while supplementing child care worker compensation, alongside alternative program design options. It estimates a net present value of $12.4 billion in yearly social benefits relative to a yearly cost of $1.6 billion.

Read More