Household economics

Household economics covers the economic analysis of all decisions made by households. The microeconomic foundations of household economics were pioneered by the founders of the New Home Economics (NHE), Gary Becker and Jacob Mincer. All family economics is included in household economics and Becker's Treatise on the Family is therefore a major contribution to both fields. Topics covered include:

The methods of analyses include market analyses, cost–benefit analyses, experimental analysis, and intra-household bargaining theories.

See also

References

  1. Mazzocco, M. (2004). "Saving, Risk-sharing and Preferences for Risk", American Economic Review, Vol. 94, pp. 1169-1182.
  2. Chiappori, P.A., Costa-Dias, M. and Meghir, C. (2015). "The Marriage Market, Labor Supply and Education Choice", Cowles Foundation Discussion Paper No. 1994.
  3. Dickert-Conlin, S. (1999). "Taxes and Transfers: Their Effects on the Decision to End a Marriage", Journal of Public Economics, Vol. 73, pp. 217-240.
  4. Chan, M. K. (2013). "A Dynamic Model of Welfare Reform," Econometrica, Vol. 81, pp. 941-1001.
  5. Ortigueira, S. and N. Siassi (2013). "How Important is Intra-household Risk Sharing for Savings and Labor Supply", Journal of Monetary Economics, Vol. 60, pp. 650-666.


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