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This book provides a comprehensive, modern, and self-contained account of the research in the growing area of family economics. It is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.
Significant recent changes in the structure and composition of households make the study of the economic relationships within the household of particular interest for academics and policy-makers. In this context, Household Economic Behaviors, through its focus on theoretical and empirical chapters on a range of economic behaviors within the household, provides a new and timely viewpoint. Following the Introduction and one or two surveys which give a general background, the volume includes theoretical and empirical perspectives on allocation of available time within the household, monetary and non-monetary transfers between household members, and intra-household bargaining.
The text surveys the entire field of the modern economics of the household.
What do economists have to say about behavior within the context of the family? This book improves our understanding of how families and markets interact, why important aspects of families have been changing in recent decades, and how families respond to, and are affected by, public policy. It covers a broader range of topics with more consistency than have previous studies, including all major theoretical developments in the field over the past decade. John Ermisch builds his analysis on the premise that the standard analytical methods of microeconomics can help us understand resource allocation and the distribution of welfare within the family. Families are dynamic institutions--and so the author uses these same methods to study family formation and dissolution (including marriage, fertility, and divorce) and household formation, as well as intergenerational transfers, household production and investment, and bargaining between family members. He also shows how economic theories of the family can help guide and structure empirical analyses of demographic and related phenomena, such as labor supply, child support, and returns to education. Examples of studies that apply the theory are provided throughout the book. The most comprehensive and up-to-date introduction to an increasingly dynamic area of research, one with important implications for public policy, An Economic Analysis of the Family will be a valuable resource for advanced students of microeconomics and also for students and researchers in sociology, psychology, and other social sciences.
An interdisciplinary effort of scholars from history, women's studies, and family and consumer sciences, Remaking Home Economics covers the field's history of opening career opportunities for women and responding to domestic and social issues. Calls to "bring back home economics" miss the point that it never went away, say Sharon Y. Nickols and Gwen Kay--home economics has been remaking itself, in study and practice, for more than a century. These new essays, relevant for a variety of fields--history, women's studies, STEM, and family and consumer sciences itself--take both current and historical perspectives on defining issues including home economics philosophy, social responsibility, and public outreach; food and clothing; gender and race in career settings; and challenges to the field's identity and continuity. Home economics history offers a rich case study for exploring common ground between the broader culture and this highly gendered profession. This volume describes the resourcefulness of past scholars and professionals who negotiated with cultural and institutional constraints to produce their work, as well as the innovations of contemporary practitioners who continue to change the profession, including its name and identity. The widespread urge to reclaim domestic skills, along with a continual need for fresh ways to address obesity, elder abuse, household debt, and other national problems affirms the field's vitality and relevance. This volume will foster dialogue both inside and outside the academy about the changes that have remade (and are remaking) family and consumer sciences.
Since the 1950s, divorces and out-of-wedlock births in America have risen dramatically. This has significantly affected the economic wellbeing of the country's most vulnerable populations. In Home Economics: The Consequences of Changing Family Structure, Nick Schulz argues that serious consideration of the consequences of changing family structure is sorely missing from conversations about American economic policy and politics. Apprehending a complete picture of this country's economic condition will be impossible if poverty, income inequality, wealth disparities, and unemployment alone are taken into consideration, claims Schulz. This book will trace how family structure has transformed over the last half century, ruminate on the causes of those changes, consider what conclusions can be drawn about the economic consequences of the changes in family, and offer ideas for how to handle the issue in the years to come.
The transformative effect of technological change on households and culture, seen from a macroeconomic perspective through simple economic models. In Evolving Households, Jeremy Greenwood argues that technological progress has had as significant an effect on households as it had on industry. Taking a macroeconomic perspective, Greenwood develops simple economic models to study such phenomena as the rise in married female labor force participation, changes in fertility rates, the decline in marriage, and increased longevity. These trends represent a dramatic transformation in everyday life, and they were made possible by advancements in technology. Greenwood also addresses how technological progress can cause social change. Greenwood shows, for example, how electricity and labor-saving appliances freed women from full-time household drudgery and enabled them to enter the labor market. He explains that fertility dropped when higher wages increased the opportunity cost of having children; he attributes the post–World War II baby boom to a combination of labor-saving household technology and advances in obstetrics and pediatrics. Marriage rates declined when single households became more economically feasible; people could be more discriminating in their choice of a mate. Technological progress also affects social and cultural norms. Innovation in contraception ushered in a sexual revolution. Labor-saving technological progress at home, together with mechanization in industry that led to an increase in the value of brain relative to brawn for jobs, fostered the advancement of women's rights in the workplace. Finally, Greenwood attributes increased longevity to advances in medical technology and rising living standards, and he examines healthcare spending, the development of new drugs, and the growing portion of life now spent in retirement.
Dump the allowance-and use a new "Family Economy" to raise responsible children in an age of instant gratification. Number-one New York Times bestselling authors Richard and Linda Eyre, have spent the last twenty-five years helping parents nurture strong, healthy families. Now they've synthesized their vast experience in an essential blueprint to instilling children with a sense of ownership, responsibility, and self-sufficiency. At the heart of their plan is the "Family Economy" complete with a family bank, checkbooks for kids, and a system of initiative-building responsibilities that teaches kids to earn money for the things they want. The motivation carries over to ownership of their own decisions, values, and goals. Anecdotal, time-tested, and gently humorous, The Entitlement Trap challenges some of the sacred cows of parenting and replaces them with values that will save kids (and their parents) from a lifetime of dependence and disabling debt.
"Wherever we live, however we do so, we desperately need a prophet of responsibility; and although the days of the prophets seem past to many of us, Berry may be the closest to one we have. But, fortunately, he is also a poet of responsibility. He makes one believe that the good life may not only be harder than what we're used to but sweeter as well."—The New York Review of Books In Home Economics, Berry explores this process and continues to discuss what it means to make oneself “responsibly at home.” As he argues, a measure of the health of the planet is economics—the health of its households.
The surprising, often fiercely feminist, always fascinating, yet barely known, history of home economics. The term “home economics” may conjure traumatic memories of lopsided hand-sewn pillows or sunken muffins. But common conception obscures the story of the revolutionary science of better living. The field exploded opportunities for women in the twentieth century by reducing domestic work and providing jobs as professors, engineers, chemists, and businesspeople. And it has something to teach us today. In the surprising, often fiercely feminist and always fascinating The Secret History of Home Economics, Danielle Dreilinger traces the field’s history from Black colleges to Eleanor Roosevelt to Okinawa, from a Betty Crocker brigade to DIY techies. These women—and they were mostly women—became chemists and marketers, studied nutrition, health, and exercise, tested parachutes, created astronaut food, and took bold steps in childhood development and education. Home economics followed the currents of American culture even as it shaped them. Dreilinger brings forward the racism within the movement along with the strides taken by women of color who were influential leaders and innovators. She also looks at the personal lives of home economics’ women, as they chose to be single, share lives with other women, or try for egalitarian marriages. This groundbreaking and engaging history restores a denigrated subject to its rightful importance, as it reminds us that everyone should learn how to cook a meal, balance their account, and fight for a better world.