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The economic justification of investing in PHS

EFSI published its paper entitled "public interventions' earn-back effects and the economic rationale of supporting the formal supply of personal and household services".

Presented in the framework of the seminar on "Analysing the political economy of household services in Europe" held on the 3rd and 4th of October 2013 by Sciences-Po Paris, this paper seeks to give an overview of the different researches conducted so far on the efficiency of public supporting measures.

Its aim is to question if besides the social collective benefits generated by supporting measures, any investment by the State in the formal provision of personal and household services can also be economically justified.

To download the paper, click here.