Marriage and the economy : theory and evidence from advanced industrial societies

Bibliographic Information

Marriage and the economy : theory and evidence from advanced industrial societies

edited by Shoshana A. Grossbard-Shechtman ; foreword by Jacob Mincer

Cambridge University Press, 2003

  • : hardback
  • : pb

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Includes bibliographical references and index

Description and Table of Contents

Description

Marriage and the Economy explores how marriage influences the monetized economy as well as the household economy. Marriage institutions are to the household economy what business institutions are to the monetized economy, and marital status is clearly related to the household economy. Marriage also influences the economy as conventionally measured via its impact on labor supply, workers' productivity, savings, consumption, and government programs such as welfare programs and social security. The macro-economic analyses presented here are based on the micro-economic foundations of cost/benefit analysis, game theory, and market analysis. Micro-economic analysis of marriage, divorce, and behavior within marriages are investigated by a number of specialists in various areas of economics. Western values and laws have been very successful at transforming the way the world does business, but its success at maintaining individual commitments to family values is less impressive.

Table of Contents

  • 1. Marriage and the economy Shoshana Grossbard-Shechtman
  • Part I. The Economics of Marriage and Divorce: 2. The economics of marriage and household formation Michael Brien and Michelle Sheran
  • 3. The economics of divorce Evelyn L. Lehrer
  • 4. The effects of public policy Leslie Whittington and James Alm
  • Part II. Effects of Marriage on Income Uses: 5. Control over money in marriage Frances Woolley
  • 6. Marriage, assets, and savings Joseph Lupton and James Smith
  • 7. The economics of child support Andrea Beller and John Graham
  • 8. Marriage prospects and welfare use John Fitzgerald
  • Part III. Effects of Marriage on Time Uses: 9. Marriage, household production and earnings Joni Hersch
  • 10. Marriage and work for pay Shoshana Grossbard-Shechtman and Shoshana Neuman
  • 11. Marriage, work for pay, and child care Rachel Connelly and Jean Kimmel
  • 12. Marriage and home-based paid employment Elizabeth Field-Hendrey and Linda Edwards
  • Part IV. Marriage and the Macro Economy: 13. Married households and gross household product Duncan Ironmonger and Faye Soupourmas
  • 14. Marriage, parental investment, and the macroeconomy Shirley Burggraf.

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