Family Economics Writ Large

Jeremy Greenwood, Nezih Guner and Guillaume Vandenbroucke

Working Papers from CEMFI

Abstract: Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a significant decline in marriage and a rise in divorce; (iv) a higher degree of positive assortative mating; (v) more children living with a single mother; (vi) shifts in social norms governing premarital sex and married women's roles in the workplace. Macroeconomic models explaining these aggregate trends are surveyed. The relentless flow of technological progress and its role in shaping family life are stressed.

Keywords: Assortative mating; baby boom; baby bust; family economics; female labor supply; fertility; household income inequality; household production; human capital; macroeconomics; marriage and divorce; quality-quantity tradeoff; premarital sex; quantitative theory; single mothers; social change; survey paper; technological progress; women's rights. (search for similar items in EconPapers)
JEL-codes: D58 E1 E13 J1 J12 J13 J2 J22 N30 O11 O15 O3 (search for similar items in EconPapers)
Date: 2017-01
New Economics Papers: this item is included in nep-evo, nep-lma and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (44)

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Related works:
Journal Article: Family Economics Writ Large (2017)
Working Paper: Family Economics Writ Large (2017)
Working Paper: Family Economics Writ Large (2017)
Working Paper: Family Economics Writ Large (2016)
Working Paper: Family Economics Writ Large (2016)
Working Paper: Family Economics Writ Large (2016)
Working Paper: Family Economics Writ Large (2015)
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