EconPapers    
Economics at your fingertips  
 

Macroeconomic Policy and Household Economics

Mei Dong (), Ling Sun and Randall Wright ()

No 15-3, Economic Policy Paper from Federal Reserve Bank of Minneapolis

Abstract: Multiperson households are less reliant on cash than single people because they are more likely than singles to rely on home-based production to meet their daily needs. This conclusion, supported by recent empirical research, suggests that fiscal and monetary policies that make market-based transactions more expensive will favor the formation of households. Individuals will seek to minimize costs due to such policies by forming partnerships, whether through marriage or less-formal arrangements. Fiscal policies, such as consumption and incomes taxes, and monetary policy that raises inflation can thereby influence societal structure as well as behavior within households.

JEL-codes: E60 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2015-03-10
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://www.minneapolisfed.org/~/media/files/pubs/ ... sehold-economics.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedmep:15-3

Access Statistics for this paper

More papers in Economic Policy Paper from Federal Reserve Bank of Minneapolis Contact information at EDIRC.
Bibliographic data for series maintained by Jannelle Ruswick ( this e-mail address is bad, please contact ).

 
Page updated 2022-09-28
Handle: RePEc:fip:fedmep:15-3