Handbook of the economics of the family: Volume 1
Gespeichert in:
| Weitere Verfasser: | , |
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| Format: | Buch |
| Sprache: | English |
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Amsterdam
North-Holland
[2023]
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| Schriftenreihe: | Handbook in economics
Handbooks in economics |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | xxiii, 510 Seiten Diagramme, Karten |
| ISBN: | 9780323899659 |
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| adam_text | Contents Contributors.............................................................................................................. xi Introduction to the series.......................................................................................... xiii Preface....................................................................................................................... xv CHAPTER 1Culture and the family ....................................................... Natalie Bau and Raquel Fernandez 1 2 3 4 5 6 CHAPTER 2 Introduction.................................................................................. 1.1 Defining the key terms: family and culture.................... Family institutions....................................................................... 2.1 Traditional variation........................................................ 2.2 Modern variation............................................................... The family the transmission of culture................................. How does culture affect family decision-making?................... The family and cultural change ................................................ Conclusion directions for future research............................ References..................................................................................... 1 4 4 5 12 15 22 33 40 42 Mating markets .............................................................. Pierre-André Chiappori and Bernard Salanié 49 Introduction................................................................................... Matching markets:
theory ......................................................... 1.1 The marital surplus.......................................................... 1.2 Mating models: a taxonomy ........................................... 1.3 Matching models under transferable utility .................. 1.4 Extended matching models.............................................. 1.5 Dynamic aspects................................................................ 2 Empirical methods...................................................................... 2.1 The separable approach..................................................... 2.2 Identification of separable models ................................... 2.3 The logit model................................................................... 2.4 Estimation of separable models........................................ 2.5 Maximum-score methods ................................................. 3 Some empirical applications ..................................................... 3.1 Measuring homogamy........................................................ 3.2 Abortion law and marriage market outcomes................. 3.3 The marital college premium............................................ 3.4 Household formation and dissolution............................... 3.5 Personality traits and marriage ........................................ 3.6 Same-sex marriage............................................................ 4 Conclusion ..................................................................................
References..................................................................................... 1 1 50 52 52 57 59 70 74 84 85 87 88 89 92 93 93 97 98 99 102 102 103 104 V
vi Contents CHAPTER 3 Household decisions and intra-household distributions ...................................................... in Ingvild Almås, Orazio Attanasio, and Pedro Carneiro Introduction................................................................................... Theoretical models of household decision-making................... 1.1 The unitary model.............................................................. 1.2 Cooperative models............................................................ 1.3 Noncooperative bargaining models - when is bargaining not efficient? .................................................. 2 Empirical testing and estimation ............................................... 2.1 Empirical testing of the unitary model........................... 2.2 Empirical testing of the static collective model ............. 2.3 Empirical estimates of collective models....................... 2.4 Empirical estimates of noncooperative models.............. 2.5 What enters the utility function(s)? ................................ 3 Where do we stand?...................................................................... 3.1 Measures to understand intra-household allocations .. . 3.2 Using the new measures .................................................. 3.3 New challenges................................................................. Conclusion ................................................................................... References..................................................................................... 1 112 114 115 117 123 124 124
127 128 132 133 134 134 140 141 143 143 CHAPTER 4 The economics of fertility: a new era................... ш Matthias Doepke, Anne Hannusch, Fabian Kindermann, and Michèle Tertilt Introduction ................................................................................... 152 Old facts, old models................................................................... 156 2.1 The negative income-fertility relationship .................... 156 2.2 The first big idea: the quantity and quality of children . 159 2.3 The negative relationship between women’s labor force participation and fertility...................................... 163 2.4 The second big idea: the opportunity cost of women’s time ....................................................................... 164 2.5 Accounting for the baby boom ........................................ 166 3 The changing relationships between income, labor force participation, education, and fertility .................................. 169 3.1 Income and fertility.......................................................... 169 3.2 Women’s labor force participation and fertility ............ 172 3.3 Women’s education and fertility ..................................... 174 3.4 Disagreement over fertility ............................................. 177 4 Why have the old relationships weakened or disappeared? .. . 179 4.1 Public schooling and child labor laws ............................ 180 4.2 Marketization of childcare................................................ 181 4.3 Careers and the timing of fertility
.................................. 184 1 2
Contents 5 6 7 8 9 Appendix 4.4 Birth control and infertility treatments........................... 188 A new big idea: the ease of combining career and family as a determinant of fertility.......................................................... 190 5.1 Family policies.................................................................. 192 5.2 Bargaining over fertility .................................................. 196 5.3 Social norms....................................................................... 203 5.4 Labor market frictions....................................................... 209 More new directions in modeling fertility choice.................... 210 6.1 Childlessness and discrete fertility choice ...................... 210 6.2 Nonmarital childbearing and cohabitation...................... 214 6.3 Single parenthood and divorce.......................................... 217 Recent developments in the normative analysis of fertility ... 219 7.1 Efficiency criteria for population economics ................. 220 7.2 The socially optimal level of population ........................ 221 7.3 Quantitative research on population policies ................. 223 The road ahead for the economics of fertility........................... 224 8.1 Parental time use and the intensity of parenting............. 224 8.2 The extended family and heterogeneity in family types 230 8.3 The macroeconomic consequences of ultra-low fertility 231 Conclusion ................................................................................... 233
................................................................................................ 233 A. 1 Data definitions and sources .......................................... 233 A.2 Additional figures and tables.......................................... 235 References..................................................................................... 238 CHAPTER 5 Families, labor markets, andpolicy....................... 255 Stefania Albanesi, Claudia Olivetti, and Barbara Petrongolo 1 2 3 4 5 6 7 Appendix A Introduction.................................................................................. Trends.......................................................................................... 2.1 Schooling trends............................................................... 2.2 Marriage and fertility ...................................................... 2.3 Pay and employment gaps............................................... 2.4 Marriage, children and earnings .................................... Conceptual framework................................................................ Evidence on policy impacts....................................................... 4.1 Parentaileave .................................................................... 4.2 Childcare support............................................................. 4.3 Taxes ................................................................................. 4.4 Firm-level provisions ...................................................... The political economy of
familypolicies.................................. Cross-country variation in family policies ............................... Conclusions.................................................................................. Data appendix............................................................................. 256 258 259 261 267 271 279 284 284 290 293 295 296 298 304 306 vii
viii Contents Appendix B Appendix C Appendix D Regression estimates................................................................... Policy data..................................................................................... Cross-country variation in family policies ............................... D.l Marginal income taxes .................................................... D.2 Childcare costs................................................................. References...................................................................................... 311 315 315 315 317 318 CHAPTER 6 Family background, neighborhoods, and intergenerational mobility................................... 327 Magne Mogstad and Gaute Torsvik 1 2 3 4 5 6 Introduction................................................................................... 328 Family background and earnings: theoretical considerations . . 331 2.1 Family resources and investment in schooling: the Becker-Tomes model .......................................... 331 2.2 Human capital and investments beyond the Becker-Tomes model .......................................... 333 2.3 Opening up the black box of children’sendowments .. 335 2.4 How neighborhoods can influence intergenerational mobility ............................................................................ 336 Measurement of intergenerationalmobility ............................... 337 3.1 Measurement and data issues........................................... 338 3.2 Selected findings................................................................ 340
Administrative data sources............................................. 344 Theimportance of family environment and genetics.................. 345 4.1 Sibling correlations to bound the impact of the family environment.......................................................... 345 4.2 The importance of genes.................................................. 346 Heritability and the ACE model...................................... 347 Findings from the ACE model........................................ 348 Limitations and critiques of the ACE model.................. 348 Genes as covariates.......................................................... 349 The policy relevance of genoeconomics......................... 351 4.3 The impact of family environment................................... 352 Effects of family environment.................................................... 355 Theoretical predictions ................................................... 355 Does parents’ schooling have an effect on the schooling of their child?................................................................... 356 The causal effects of parental income ........................... 357 Parental leave, childcare, and child development......... 359 Neighborhoods and intergenerational mobility......................... 361 6.1 How should neighborhoods be defined?.......................... 361 6.2 Quantifying the importance of neighborhoods............... 363 Using neighbor correlations to construct bounds ......... 364 Empirical results............................................................... 365
Contents Experimental estimates of average impacts of neighborhoods ..................................................... 365 Moving To Opportunity experiment............................... What MTO can(not) identify?........................................ Key empirical findings from MTO.................................. 6.4 Upward mobility of individual neighborhoods.............. Estimates of individual neighborhood effects................ Do the neighborhood estimates reflect noise or signal? Discussion of policy implications of neighborhood estimates............................................................................ Conclusion ................................................................................... References..................................................................................... 6.3 7 366 367 367 369 370 373 377 378 379 CHAPTER 7 The great transition: Kuznets facts for family-economists.......................... 389 Jeremy Greenwood, Nezih Guner, and Ricardo Marto 1 Beginning..................................................................................... 390 2 Kuznets facts for family-economists........................................... 392 3 4 5 6 7 2.1 Kuznets fact 1 : the decline in work effort....................... 392 2.2 Kuznets fact 2: the drop in fertility ................................ 395 2.3 Kuznets fact 3: the waning in marriage ......................... 397 2.4 Kuznets fact 4: the descent in household size................ 398 2.5 Kuznets fact 5: the waxing in educational attainment .. 399 2.6 Kuznets fact 6: the
shift from blue-to white-collar jobs 399 Setup.............................................................................................. 402 3.1 Household production...................................................... 403 3.2 Cost of children ................................................................ 403 3.3 Tastes................................................................................. 403 Decision problems........................................................................ 405 4.1 Singles............................................................................... 405 4.2 Married couples ............................................................... 405 4.3 Married versus single life ................................................ 406 Calibrating the model to US data............................................... 407 5.1 Datatargets........................................................................ 407 5.2 Fitting parameter values .................................................. 409 5.3 Results............................................................................... 417 Propelling the great transition ....................................................... 419 6.1 Neutral technological progress, z..................................... 421 6.2 Skill-biased technological change, x........... 423 6.3 The fall in the price of household durables, p ................. 424 6.4 The great transition’s transitions ..................................... 424
Ending............................................................................................ 427 7.1 Background material......................................................... 428 7.2 Hours worked.................................................................... 429 ix
x Contents Appendix A 7.3 Fertility................................................................................ 7.4 Marriage.............................................................................. 7.5 Household size................................................................... 7.6 Education andoccupations ................................................ Data appendix............................................................................... References...................................................................................... 429 430 432 432 433 436 CHAPTER 8 An institutional perspective on the economics of the family........................................ 443 Siwan Anderson and Chris Bidner Introduction................................................................................... 444 Historical motivation................................................................... 446 Patterns in the data.......................................................................... 449 Consequences of family institutions........................................... 455 4.1 Rules on family formation.............................................. 456 4.2 Rules within the family.................................................... 462 4.3 Rules on family dissolution............................................ 466 5 Origins of family institutions...................................................... 469 5.1 Separating family rules from the economic environment 469 5.2 A taxonomy for family rules............................................ 470 5.3 Why
marriage?................................................................... 473 5.4 Rules on family formation................................................. 475 5.5 Rules within the family..................................................... 480 5.6 Rules on family dissolution............................................... 483 5.7 Summary and scope for future research......................... 485 6 Comparison with economic institutions ........................................ 486 6.1 Family economics and comparative development......... 486 6.2 Family institutions: new issues ...................................... 487 7 Conclusions.................................................................................... 488 References..................................................................................... 488 1 2 3 4 Index 501
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| adam_txt |
Contents Contributors. xi Introduction to the series. xiii Preface. xv CHAPTER 1Culture and the family . Natalie Bau and Raquel Fernandez 1 2 3 4 5 6 CHAPTER 2 Introduction. 1.1 Defining the key terms: family and culture. Family institutions. 2.1 Traditional variation. 2.2 Modern variation. The family the transmission of culture. How does culture affect family decision-making?. The family and cultural change . Conclusion directions for future research. References. 1 4 4 5 12 15 22 33 40 42 Mating markets . Pierre-André Chiappori and Bernard Salanié 49 Introduction. Matching markets:
theory . 1.1 The marital surplus. 1.2 Mating models: a taxonomy . 1.3 Matching models under transferable utility . 1.4 Extended matching models. 1.5 Dynamic aspects. 2 Empirical methods. 2.1 The separable approach. 2.2 Identification of separable models . 2.3 The logit model. 2.4 Estimation of separable models. 2.5 Maximum-score methods . 3 Some empirical applications . 3.1 Measuring homogamy. 3.2 Abortion law and marriage market outcomes. 3.3 The marital college premium. 3.4 Household formation and dissolution. 3.5 Personality traits and marriage . 3.6 Same-sex marriage. 4 Conclusion .
References. 1 1 50 52 52 57 59 70 74 84 85 87 88 89 92 93 93 97 98 99 102 102 103 104 V
vi Contents CHAPTER 3 Household decisions and intra-household distributions . in Ingvild Almås, Orazio Attanasio, and Pedro Carneiro Introduction. Theoretical models of household decision-making. 1.1 The unitary model. 1.2 Cooperative models. 1.3 Noncooperative bargaining models - when is bargaining not efficient? . 2 Empirical testing and estimation . 2.1 Empirical testing of the unitary model. 2.2 Empirical testing of the static collective model . 2.3 Empirical estimates of collective models. 2.4 Empirical estimates of noncooperative models. 2.5 What enters the utility function(s)? . 3 Where do we stand?. 3.1 Measures to understand intra-household allocations . . 3.2 Using the new measures . 3.3 New challenges. Conclusion . References. 1 112 114 115 117 123 124 124
127 128 132 133 134 134 140 141 143 143 CHAPTER 4 The economics of fertility: a new era. ш Matthias Doepke, Anne Hannusch, Fabian Kindermann, and Michèle Tertilt Introduction . 152 Old facts, old models. 156 2.1 The negative income-fertility relationship . 156 2.2 The first big idea: the quantity and quality of children . 159 2.3 The negative relationship between women’s labor force participation and fertility. 163 2.4 The second big idea: the opportunity cost of women’s time . 164 2.5 Accounting for the baby boom . 166 3 The changing relationships between income, labor force participation, education, and fertility . 169 3.1 Income and fertility. 169 3.2 Women’s labor force participation and fertility . 172 3.3 Women’s education and fertility . 174 3.4 Disagreement over fertility . 177 4 Why have the old relationships weakened or disappeared? . . 179 4.1 Public schooling and child labor laws . 180 4.2 Marketization of childcare. 181 4.3 Careers and the timing of fertility
. 184 1 2
Contents 5 6 7 8 9 Appendix 4.4 Birth control and infertility treatments. 188 A new big idea: the ease of combining career and family as a determinant of fertility. 190 5.1 Family policies. 192 5.2 Bargaining over fertility . 196 5.3 Social norms. 203 5.4 Labor market frictions. 209 More new directions in modeling fertility choice. 210 6.1 Childlessness and discrete fertility choice . 210 6.2 Nonmarital childbearing and cohabitation. 214 6.3 Single parenthood and divorce. 217 Recent developments in the normative analysis of fertility . 219 7.1 Efficiency criteria for population economics . 220 7.2 The socially optimal level of population . 221 7.3 Quantitative research on population policies . 223 The road ahead for the economics of fertility. 224 8.1 Parental time use and the intensity of parenting. 224 8.2 The extended family and heterogeneity in family types 230 8.3 The macroeconomic consequences of ultra-low fertility 231 Conclusion . 233
. 233 A. 1 Data definitions and sources . 233 A.2 Additional figures and tables. 235 References. 238 CHAPTER 5 Families, labor markets, andpolicy. 255 Stefania Albanesi, Claudia Olivetti, and Barbara Petrongolo 1 2 3 4 5 6 7 Appendix A Introduction. Trends. 2.1 Schooling trends. 2.2 Marriage and fertility . 2.3 Pay and employment gaps. 2.4 Marriage, children and earnings . Conceptual framework. Evidence on policy impacts. 4.1 Parentaileave . 4.2 Childcare support. 4.3 Taxes . 4.4 Firm-level provisions . The political economy of
familypolicies. Cross-country variation in family policies . Conclusions. Data appendix. 256 258 259 261 267 271 279 284 284 290 293 295 296 298 304 306 vii
viii Contents Appendix B Appendix C Appendix D Regression estimates. Policy data. Cross-country variation in family policies . D.l Marginal income taxes . D.2 Childcare costs. References. 311 315 315 315 317 318 CHAPTER 6 Family background, neighborhoods, and intergenerational mobility. 327 Magne Mogstad and Gaute Torsvik 1 2 3 4 5 6 Introduction. 328 Family background and earnings: theoretical considerations . . 331 2.1 Family resources and investment in schooling: the Becker-Tomes model . 331 2.2 Human capital and investments beyond the Becker-Tomes model . 333 2.3 Opening up the black box of children’sendowments . 335 2.4 How neighborhoods can influence intergenerational mobility . 336 Measurement of intergenerationalmobility . 337 3.1 Measurement and data issues. 338 3.2 Selected findings. 340
Administrative data sources. 344 Theimportance of family environment and genetics. 345 4.1 Sibling correlations to bound the impact of the family environment. 345 4.2 The importance of genes. 346 Heritability and the ACE model. 347 Findings from the ACE model. 348 Limitations and critiques of the ACE model. 348 Genes as covariates. 349 The policy relevance of genoeconomics. 351 4.3 The impact of family environment. 352 Effects of family environment. 355 Theoretical predictions . 355 Does parents’ schooling have an effect on the schooling of their child?. 356 The causal effects of parental income . 357 Parental leave, childcare, and child development. 359 Neighborhoods and intergenerational mobility. 361 6.1 How should neighborhoods be defined?. 361 6.2 Quantifying the importance of neighborhoods. 363 Using neighbor correlations to construct bounds . 364 Empirical results. 365
Contents Experimental estimates of average impacts of neighborhoods . 365 Moving To Opportunity experiment. What MTO can(not) identify?. Key empirical findings from MTO. 6.4 Upward mobility of individual neighborhoods. Estimates of individual neighborhood effects. Do the neighborhood estimates reflect noise or signal? Discussion of policy implications of neighborhood estimates. Conclusion . References. 6.3 7 366 367 367 369 370 373 377 378 379 CHAPTER 7 The great transition: Kuznets facts for family-economists. 389 Jeremy Greenwood, Nezih Guner, and Ricardo Marto 1 Beginning. 390 2 Kuznets facts for family-economists. 392 3 4 5 6 7 2.1 Kuznets fact 1 : the decline in work effort. 392 2.2 Kuznets fact 2: the drop in fertility . 395 2.3 Kuznets fact 3: the waning in marriage . 397 2.4 Kuznets fact 4: the descent in household size. 398 2.5 Kuznets fact 5: the waxing in educational attainment . 399 2.6 Kuznets fact 6: the
shift from blue-to white-collar jobs 399 Setup. 402 3.1 Household production. 403 3.2 Cost of children . 403 3.3 Tastes. 403 Decision problems. 405 4.1 Singles. 405 4.2 Married couples . 405 4.3 Married versus single life . 406 Calibrating the model to US data. 407 5.1 Datatargets. 407 5.2 Fitting parameter values . 409 5.3 Results. 417 Propelling the great transition . 419 6.1 Neutral technological progress, z. 421 6.2 Skill-biased technological change, x. 423 6.3 The fall in the price of household durables, p . 424 6.4 The great transition’s transitions . 424
Ending. 427 7.1 Background material. 428 7.2 Hours worked. 429 ix
x Contents Appendix A 7.3 Fertility. 7.4 Marriage. 7.5 Household size. 7.6 Education andoccupations . Data appendix. References. 429 430 432 432 433 436 CHAPTER 8 An institutional perspective on the economics of the family. 443 Siwan Anderson and Chris Bidner Introduction. 444 Historical motivation. 446 Patterns in the data. 449 Consequences of family institutions. 455 4.1 Rules on family formation. 456 4.2 Rules within the family. 462 4.3 Rules on family dissolution. 466 5 Origins of family institutions. 469 5.1 Separating family rules from the economic environment 469 5.2 A taxonomy for family rules. 470 5.3 Why
marriage?. 473 5.4 Rules on family formation. 475 5.5 Rules within the family. 480 5.6 Rules on family dissolution. 483 5.7 Summary and scope for future research. 485 6 Comparison with economic institutions . 486 6.1 Family economics and comparative development. 486 6.2 Family institutions: new issues . 487 7 Conclusions. 488 References. 488 1 2 3 4 Index 501 |
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