Publisher Summary This chapter reviews recent advances in the empirical literature on the
role that households and families play in investing in human resources. It describes the …

Macroeconomics is evolving from the study of aggregate dynamics to the study of the
dynamics of the entire equilibrium distribution of allocations across individual economic …

Over the past 15 years, the availability of cheap and convenient microcomputers has
changed the collection methods and analysis of household survey data in developing …

The paper develops a general," collective" model of household labor supply in which agents
are characterized by their own (possibly altruistic) preferences, and household decisions are …

Common preference models of family behavior imply income pooling, a restriction on family
demand functions such that only the sum of husband's income and wife's income affects the …

The standard economic model of the family is a 'common preference'model that assumes
that a family maximizes a single utility function and implies that family behavior is …

The neoclassical theory of demand applies to individuals, yet in empirical work it is usually
taken as valid for households with many members. This paper explores what the theory of …

Case studies of African households frequently suggest that the identity of persons earning
income affects how that money is spent.'In particular, it is often claimed that relative to …

There is evidence from several sources that one cannot treat many-person households as a
single decision maker. If this is the case, then factors such as the relative incomes of the …

We test the unitary versus collective model of the household using specially designed data
from Bangladesh, Ethiopia, Indonesia, and South Africa. Human capital and individual …