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While this book contains numerous facts and empirical findings and touches on policy issues, its main contribution to the existing literature lies in the theoretical perspective it offers. The core of this book is a general equilibrium theory of labor and marriage presented in Chapter 2, which...
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Exchanges of work for money and altruism are two alternative explanations for bequests, transfers from children to older parents, and in-family caregiving. Such exchanges may also occur in couples living together and are therefore a major theme in economic analyses of marriage. This note...
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