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Title: Family Economics Writ Large

Citation Type: Working Paper

Publication Year: 2017

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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.

Url: ftp://ftp.repec.org/opt/ReDIF/RePEc/hka/wpaper/Greenwood_Guner_Vandenbroucke_2016_family-econ-writ-large.pdf

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Authors: Greenwood, Jeremy; Guner, Nezih; Vandenbroucke, Guillaume

Series Title: HCEO Working Paper Series

Publication Number: 2016-021

Institution: HCEO

Pages: 77

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Data Collections: IPUMS USA

Topics: Other

Countries: United States