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Family Economics Writ Large

Jeremy Greenwood, Nezih Guner () and Guillaume Vandenbroucke ()

No 26, Economie d'Avant Garde Research Reports from Economie d'Avant Garde

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 decline in marriage and a rise in divorce; (iv) a higher degree of 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 labor market. Macroeconomic models explaining these aggregate trends are surveyed. The relentless flow of technological progress and its role in shaping family life are stressed. In Journal of Economic Literature (December 2017), v. 55, n. 4: 1346–1434.

Keywords: Assortative mating; baby boom; baby bust; female labor supply; family economics; fertility; household income inequality; household production; human capital; macroeconomics; marriage and divorce; quality-quantity tradeoff; quantitative theory; premarital sex; single mothers; social change; survey paper; technological progress; women's rights (search for similar items in EconPapers)
JEL-codes: D58 E1 E13 J1 J2 J12 J13 J22 N30 O3 O11 O15 (search for similar items in EconPapers)
Date: 2015-05
New Economics Papers: this item is included in nep-his, nep-lma and nep-mac
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Working Paper: Family Economics Writ Large (2017) Downloads
Working Paper: Family Economics Writ Large (2017) Downloads
Working Paper: Family Economics Writ Large (2017) Downloads
Working Paper: Family Economics Writ Large (2016) Downloads
Working Paper: Family Economics Writ Large (2016) Downloads
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