Published
Development Economic Review

Development Economic Review
Since parents invest both their material resources and time into raising their children, this paper
 construct a five period Heterogeneous Overlapping Generation model to investigate the optimal
 how parental time allocation for their children. We use the calibrated parameters to find the optimal
 parental time for Thai economy by difering values of parental time in the model to generate the
 results for three different scenarios. To minimize wealth inequality the parental time should be set
 at 12-15 percent. To maximize the total output, the average parental time should be set at 12-21%
 of available time. While increasing the parental time will improve output and wealth equality,
(2560). การจัดสรรเวลาของพ่อแม่เพื่อลูกสำหรับเศรษฐกิจไทย. Development Economic Review, 11(1), 38-72.