Economics of the Family and Family Polices provides a clear picture of the state of the art of economics of the family as it relates to economic theory and economic modelling. It examines the development of theory from common preference family models to the more recent cooperative or non-cooperative bargaining models. The book explores theoretical and empirical applications: the effect of the intrafamily distribution of income on family decisions, the interaction between marriage markets and labor markets, and the factors behind the rise of single parent families. The final part of the book focuses on family policies--such as taxes, child care and parental leave--drawing primarily on studies of the Nordic countries.
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