According to the Eighth Family Report of the Federal Ministry for Family Affairs, Senior Citizens, Women and Youth, the state and society should be interested, in the sense of a time policy as part of a sustainable family policy, in allowing citizens sufficient time for responsibility in the family. This sufficient time for responsibility in the family is no longer automatically given, among other things, due to the change in the traditional role of women in the family. A "structural time buffer" provided by women's involvement in the family would increasingly disappear as a result of women's increasing participation in the labor market. This would result in a loss of family time and especially time for children. For possible political measures to support/improve the coordination of professional and private activities with the aim of better combining work and family time, the influences on childcare time must be known. It is important to find the answer to the question of what explains childcare time as an important part of family time in general. This study analyzes whether the childcare time of parents in Germany can be explained by psychological personality traits (Big Five) beyond socio-economic and socio-demographic and household structural characteristics. The Big Five describe personality structures as the basic characteristics of the parents behind the socioeconomic variables. In addition to the psychological and socioeconomic level of explanation, time for children is also operationalized via a classical household production approach. For this purpose, the effects of hourly wages and unemployed income, monetary expenditures for leisure activities, household activities, and child care on time for children are analyzed microeconometrically. Problems such as non-nagativity of time use, selection bias, limited income information, different employment biographies, or empirical dependency of time use between parents make this empirical time allocation analysis a methodological challenge that is mastered with Simulated Maximum Likelihood methods. For the quantitative study the latest time use data of the German Time Budget Study (ZVE) are used. Information on time use, household structure and socio-economics of German households is available here. Unfortunately, however, data on psychological personality traits of parents or the monetary expenditures for leisure time, household and childcare are not included in the ZVE. However, these can be obtained from the Socio-Economic Panel (SOEP) and the German Income and Consumption Survey (EVS). For this purpose, these data are merged with the time use data using statistical matching procedures and can thus be evaluated. So far, the results show that financial support as a wage replacement benefit has no effect on maternal childcare time, but does have an effect on paternal time. The gainful employment of fathers reduces maternal childcare time. A time policy that aims to reduce the paternal time for gainful employment can thus increase childcare time for both parents.