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Information Asymmetries between Parents and Educators in German Childcare Institutions

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Bibliographic Details
Title: Information Asymmetries between Parents and Educators in German Childcare Institutions
Language: English
Authors: Camehl, Georg F., Schober, Pia S., Spiess, C. Katharina
Source: Education Economics. 2018 26(6):624-646.
Availability: Routledge. Available from: Taylor & Francis, Ltd. 530 Walnut Street Suite 850, Philadelphia, PA 19106. Tel: 800-354-1420; Tel: 215-625-8900; Fax: 215-207-0050; Web site: http://www.tandf.co.uk/journals
Peer Reviewed: Y
Page Count: 23
Publication Date: 2018
Document Type: Journal Articles
Reports - Research
Education Level: Preschool Education
Descriptors: Foreign Countries, Child Care, Parents, Preschool Teachers, Early Childhood Education, Access to Information, Educational Quality, Individual Characteristics, Parent Attitudes, Teacher Attitudes, Child Care Centers, Institutional Characteristics, Parent Background, Socioeconomic Background
Geographic Terms: Germany
DOI: 10.1080/09645292.2018.1463358
ISSN: 0964-5292
Abstract: Economic theory predicts market failure in the market for early childhood education and care (ECEC) due to information asymmetries. We empirically investigate information asymmetries between parents and ECEC professionals in Germany, making use of a unique extension of the Socio-Economic Panel Study (SOEP). We compare quality perceptions by parents and by professionals across 734 institutions. We detect considerable information asymmetries that differ across quality measures but less so by parental socio-economic background or center characteristics. Both similarly contribute to explaining variations in the information gap. We conclude that information is not readily available to parents; an issue that should be addressed by policy-makers.
Abstractor: As Provided
Number of References: 73
Entry Date: 2018
Accession Number: EJ1192564
Database: ERIC
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Abstract:Economic theory predicts market failure in the market for early childhood education and care (ECEC) due to information asymmetries. We empirically investigate information asymmetries between parents and ECEC professionals in Germany, making use of a unique extension of the Socio-Economic Panel Study (SOEP). We compare quality perceptions by parents and by professionals across 734 institutions. We detect considerable information asymmetries that differ across quality measures but less so by parental socio-economic background or center characteristics. Both similarly contribute to explaining variations in the information gap. We conclude that information is not readily available to parents; an issue that should be addressed by policy-makers.
ISSN:0964-5292
DOI:10.1080/09645292.2018.1463358