Economics of the family /

"The family is a complex decision unit in which partners with potentially different objectives make consumption, work, and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book p...

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Bibliographic Details
Main Authors: Browning, Martin (Author)
Group Author: Chiappori, Pierre-André; Weiss, Yoram
Published: Cambridge University Press,
Publisher Address: New York :
Publication Dates: 2014.
Literature type: Book
Language: English
Series: Cambridge surveys of economic literature
Subjects:
Summary: "The family is a complex decision unit in which partners with potentially different objectives make consumption, work, and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern, and self-contained account of the research in the growing area of family economics. The first half of the book develops several alternative models of family decision making. Particular attention is paid to the collective model and its testable implications. The second half discusses household formation and dissolution and who marries whom. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The implications for marriage, divorce, and fertility are discussed. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family"--
Carrier Form: xxi, 486 pages : illustrations ; 23 cm.
Bibliography: Includes bibliographical references and index.
ISBN: 9780521795395 (paperback) :
0521795397 (paperback)
9780521791595 (hardback)
0521791596 (hardback)
Index Number: HQ519
CLC: F063.4
C913.11-05
Call Number: C913.11-05/B885
Contents: Introduction -- Part I. Models of Household Behavior: 1. Facts; 2. The gains from marriage; 3. Preferences and decision making; 4. The collective model: a formal analysis; 5. Empirical issues for the collective model; 6. Uncertainty and dynamics in the collective model -- Part II. Equilibrium Models of the Marriage Market: 7. Matching on the marriage market: theory; 8. Sharing the gains from marriage; 9. Investment in schooling and the marriage market; 10. An equilibrium model of marriage, fertility, and divorce; 11. Children and family structure.