II costo dei figli: una stima svincolata dal benessere
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Economic literature suggests adopting the equivalence scale in order to calculate the private
monetary cost of a child. This estimation is based upon controversia1 assumptions about exogeneity
of fertility choice, identica1 preferences and possibility of welfare comparisons. In this paper we propose
a different approach for estimating the cost of children. This method does not require household
welfare comparisons and assumptions about preferences. Using the 1997 Italian Household Budget
survey, we estimate the increase in the total expenditure caused by the presence of an additional child
for households with equal income and socio-economic characteristics. The monthly margina1 cost is
equal to 9% for households with average income.
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