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Women lose money by not working when pregnant and rearing. This opportunity cost is high and pushes people to not have kids.
by mensetmanusman 2y ago
Women lose money by not working when pregnant and rearing. This opportunity cost is high and pushes people to not have kids.
- s1artibartfast 2y agoI dont disagree, but Im also how you are tying this to my statement. What is changing over time in the US or Singapore? Is the opportunity cost getting higher? That could be an interesting idea. I suppose it is as salaries and material compensation increases, so does the opportunity cost. A homemaker has less opportunity cost than a female professional making 250k per year. It could be the case that the opportunity cost people are willing to pay for children is not perfectly elastic, and does not scale with income.
- lesuorac 2y agoOne thing to note about the opportunity cost is it's not just your current position. If you're gunning for a promotion it's not a great move to go on leave for 3+ months because of a kid. Say what you want, but uh people really do put off having kids until they're at a title they like.