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Household Formation, Inequality, and the Macroeconomy

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  • Raquel Fernández

    (New York University, CEPR, and NBER,)

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    Abstract

    This paper examines how family structure can influence the macroeconomy. It uses a simple model where the key features are taken as exogenous and shows that the sorting of individuals into families can have important quantitative effects on human capital formation, inequality and income. It then discusses how these features can be endogenized and suggests avenues for future research. (JEL: D10, D31, I2, J12) Copyright (c) 2003 The European Economic Association.

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    Bibliographic Info

    Article provided by MIT Press in its journal Journal of the European Economic Association.

    Volume (Year): 1 (2003)
    Issue (Month): 2-3 (04/05)
    Pages: 683-697

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    Handle: RePEc:tpr:jeurec:v:1:y:2003:i:2-3:p:683-697

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    Cited by:
    1. Abhijit Banerjee & Esther Duflo & Maitreesh Ghatak & Jeanne Lafortune, 2009. "Marry for What? Caste and Mate Selection in Modern India," STICERD - Economic Organisation and Public Policy Discussion Papers Series 009, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

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