The Economics of the FamilyNancy Folbre This collection of essays features debate among neoclassical, institutionalist and feminist theorists, providing an invaluable guide to the evolution of economic approaches to the family. The clash of paradigms illuminates some issues of profound concern to economics as a whole, such as the relative importance of altruism and self-interest. Both abstract mathematical models and interdisciplinary approaches are represented, and the empirical articles explore trends in developing as well as advanced industrial countries. The list of specific topics includes bargaining power models, fertility decline, intergenerational transfers, intrahousehold allocation, class inequality, and state policy. The editor's introduction provides a broad overview of the fascinating controversies that are emerging in this relatively new field of economics. |
Contents
Gary S Becker 1985 Human Capital Effort and the Sexual | 3 |
4 Gary S Becker 1981 Altruism in the Family and Selfishness | 97 |
Robert A Pollak 1985 A Transaction Cost Approach | 115 |
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Common terms and phrases
activities actor model allocation altruistic analysis assortive mating assume assumption Becker behavior beneficiaries BEQUEST MOTIVE bequests changes Chicago child coefficient commodities conflict consumption contract decline demand depends Development discussion distribution division of labor divorce earnings function Econ effect effort intensive empirical energy equation equilibrium estimates family income family members fertility firms gain from marriage Gary Becker household production housework human capital husbands implies increase indifference curves individuals inequality intergenerational investment Journal of Economic JOURNAL OF POLITICAL labor force less male marital marriage market married women mates maximize McCrate Nash model negative neoclassical nonmarket number of children opportunity cost optimal output parents participation percent persons POLITICAL ECONOMY Pollak Population positive preferences problem ratio relationship relative role Rotten Kid Theorem selfish social spouse structure substitution matrix threat point tion traditional transaction cost analysis transaction cost approach transfers utility function variables violence wage rates wealth wives