Household Labor Economics (The International Library of Critical Writings in Economics series, 376)

This Research Collection surveys the main contribution to labor supply decisions within the family. It covers both theory, from the initial ‘unitary’ model that postulates that the family behaves as a single decision maker, to modern “collective” approaches that concentrates on differences in preferences and power relationships and empirical applications. Including an original Introduction by the Editors, a special emphasis is placed on dynamic approaches, in particular issues related to intra-household commitment, and on policy implications.

Edited by Pierre-André Chiappori, Professor of Economics, Columbia University, New York and Costas Meghir, Professor of Economics, Yale University, New Haven, US