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Valuing Substitute Families:Financial Support for Foster and Adoptive Families

Author

Listed:
  • Mary Eschelbach Hansen

    (Department of Economics, American University)

  • Paul Jacobs

    (Department of Economics, American University)

Abstract

We examine current child welfare policy meant to encourage families to do the caring labor of fostering and adopting. Existing subsidy policy does not adequately insure foster and adoptive families against the financial risk associated with caring for children who have been victims of abuse or neglect. We call for a recasting of exiting programs as insurance. An insurance program would protect current substitute families and would attract additional substitute families who currently do not participate because of the “doing it for the money” stigma that surrounds the existing program.

Suggested Citation

  • Mary Eschelbach Hansen & Paul Jacobs, 2007. "Valuing Substitute Families:Financial Support for Foster and Adoptive Families," Working Papers 2007-04, American University, Department of Economics.
    • Handle: RePEc:amu:wpaper:0407
    DOI: 10.17606/bcnb-xa75
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    adoption; caring labor; child welfare policy; foster care; insurance; subsidy;
    All these keywords.

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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