LONG-RUN OPPORTUNITY-COSTS OF CHILDREN ACCORDING TO EDUCATION OF THE MOTHER IN THE NETHERLANDS

Children claim a large part of the parents' potential resources, parti cularly their time. Direct time costs arise through the time spent out of the labour force while the children are small, indirect costs are the result of lower investment into human capital. It is demonstrated in this paper that the average opportunity costs of children of lower educated mothers can be higher than those of higher educated mothers.