This paper studies the dynamic optimization problem of a household when portfolio adjustment is costly. The analysis is … stocks. We use this, and related observations, to estimate the parameters of household preferences and portfolio adjustment … and the consequent inactivity in portfolio adjustment imply that inferences drawn about household risk aversion and the …

study of household finance is challenging because household behavior is difficult to measure accurately, and because …

in labor force participation has been accompanied by changes in allocation of time to various activities in the household … as well. Since the proportion of women in the labor force has been rising, the average amount of time input to household … tasks by all women has been declining over the last 50 years. It is valuable to analyze this in the household production …

Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element …, measures of inequality that ignore intra household allocations are both incomplete and misleading. We discuss determinants of … intrahousehold allocation of resources and welfare. We show how the sharing rule, which characterizes the within household …