Economics of the Family

Exploring the dynamics of family decision-making, this book delves into how couples navigate consumption, work, and fertility choices amid differing objectives. It presents modern models of family economics, emphasizing the collective model and its implications. The latter sections address household formation, dissolution, and the factors influencing marriage and divorce, including matching models and within-family transfers. Aimed at graduate students and researchers, it offers a comprehensive analysis of the economic aspects of family life.