ABSTRACT
This chapter investigates whether parents with the most potential or actual economic freedom, those with high education and high earning capacity, allocate their time to children and to the market differently from the ways other parents do. It begins with a theoretical overview of economic theories that relate to labour market decisions or touch on time allocation to children, and of the effects that education is thought to have on gender equity. The chapter then identifies the conflicting imperatives that may affect parents who have invested in their own human capital but may also subscribe to an ideal of high investments in their children's human capital. It also investigates at both a household level and separately for men and women, whether education and earning capacity have implications for time with children and how child care is divided between partners.
