An Economic Analysis of the Family (eBook)

John Ermisch (Autor)

eBook Download: PDF

2016
280 Seiten
Princeton University Press (Verlag)
978-1-4008-8010-2 (ISBN)

Infos

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.

Autor

John F. Ermisch is Professor of Economics at the Institute for Social and Economic Research of the University of Essex and a Fellow of the British Academy. He is the author of Lone Parenthood: An Economic Analysis and The Political Economy of Demographic Change.

Produkt-Details

• Erscheint lt. Verlag: 31.5.2016
• Verlagsort: Princeton
• Sprache: englisch
• Themenwelt: Sozialwissenschaften ► Pädagogik ► Sozialpädagogik
• Themenwelt: Sozialwissenschaften ► Soziologie
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
• Schlagworte: Adoption • Altruism • Bargaining Power • beneficiary • bride price • budget constraint • Capital Market • Child Support • Cohabitation • Comparative Advantage • consumer choice • Consumption (Economics) • Cost–benefit analysis • credit risk • Current Income • Demographic Transition • Economic Development • Economic equilibrium • Economics • economist • economy • Employment • Expected utility hypothesis • Extended family • Family Economics • family income • Family planning • fertility • Financial Intermediary • Foregone Earnings • Home Equity • Household • Household income • Household production function • Human Capital • income • Income–consumption curve • income distribution • Income elasticity of demand • Income Risk • Income Support • Interest Rate • Intertemporal consumption • Investment • Labour Supply • Learning effect (economics) • Marginal cost • Marginal Cost Of Production • Marginal product • Marginal propensity to consume • marginal rate of substitution • marginal utility • Market Development • Market (economics) • Market Price • Market production • Market rate • Marriage market • Microeconomics • Net income • opportunity cost • Panel Study of Income Dynamics • Pareto Efficiency • permanent income hypothesis • Preference • Price elasticity of demand • price mechanism • Principal–agent problem • Probability • Production Function • Production theory • Profit (economics) • quality of life • Rate of return • Rational Choice Theory • Real estate appraisal • Redistribution of income and wealth • Remarriage • Return on Investment • shadow price • Social equilibrium • social welfare function • Socioeconomics • spouse • standard of living • Subsidy • substitution effect • Supply and Demand • Supply (economics) • Take-Home Pay • Tax • Trade-off • transferable utility • Unemployment • Unemployment benefits • Utility • Utility maximization problem • Value of Time • welfare • Welfare Economics
• ISBN-10: 1-4008-8010-6 / 1400880106
• ISBN-13: 978-1-4008-8010-2 / 9781400880102