Family Economics Writ Large

Jeremy Greenwood, Nezih Guner and Guillaume Vandenbroucke

No 2016-021, Working Papers from Human Capital and Economic Opportunity Working Group

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.

Keywords: assortative mating; baby boom; baby bust; family economics; female labor supply; fertility; household income inequality; Household Production; human capital; macroeconomics; marriage and divorce; Quantity-quality tradeoff; premarital sex; quantitative theory; single mothers; social change; survey paper; technological progress; women's rights (search for similar items in EconPapers)
JEL-codes: D10 E20 J10 O10 O40 Z10 (search for similar items in EconPapers)
Date: 2016-11
New Economics Papers: this item is included in nep-evo, nep-lab and nep-mac
Note: FI
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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http://humcap.uchicago.edu/RePEc/hka/wpaper/Greenw ... -econ-writ-large.pdf First version, 2016 (application/pdf)

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 (2017)
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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