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Culture and the Family

Author

Listed:
  • Natalie Bau
  • Raquel Fernández

Abstract

This handbook chapter focuses on interactions between the family and culture that have significant economic implications. We start by documenting the wide range of global variation in family institutions and discussing some of the profound changes in family structure in the modern era. We next discuss the family’s role in generating economic outcomes given that it is the main transmitter of culture, focusing on female labor force participation, fertility, and human capital investment. We review the persistent effects of different traditional family institutions and describe how cultural practices related to the family, such as son preference, co-residence traditions, polygyny, and marriage payments, affect decision-making within the family and interact with policy. Lastly we examine how diverse forces, including new policies and technologies, have led family institutions and culture to change. We conclude that studying the family in a vacuum, without accounting for the role of culture, may lead to misleading conclusions regarding the effects of diverse shocks and policies, including technological change.

Suggested Citation

  • Natalie Bau & Raquel Fernández, 2021. "Culture and the Family," NBER Working Papers 28918, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:28918
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    File URL: http://www.nber.org/papers/w28918.pdf
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    Cited by:

    1. Rezaee Vessal, Sara & De Giovanni, Pietro & Hassanzadeh, Alborz, 2022. "Technology and service investments in the presence of feature fatigue and word-of-mouth," European Journal of Operational Research, Elsevier, vol. 301(3), pages 923-941.
    2. repec:thr:techub:v:1:y:2021:i:1:p:21-33 is not listed on IDEAS

    More about this item

    JEL classification:

    • I0 - Health, Education, and Welfare - - General
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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