Marriage and the Economy

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.

Spis treści:
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.