Recommended readings (Machine generated): 1. Gary S. Becker (1965), 'A Theory of the Allocation of Time', Economic Journal, 75 (299), September, 493-517 2 -- 2. Reuben Gronau (1973), 'The Intrafamily Allocation of Time: The Value of the Housewives' Time', American Economic Review, 63(4),...

"This Research Collection surveys the main contribution to labor supply decisions within the family. It covers both theory, from the initial 'unitary' model that postulates that the family behaves as a single decision maker, to modern 'collective' approaches that concentrates on differences in...

Finland raises a large amount of taxes to finance high-quality public services and redistribute income. Public finances are currently relatively solid and taxes and transfers reduce income inequality significantly. However, a rapidly ageing population pushes up public spending, while...

The Finnish housing market is volatile. After declining significantly as the global financial crisis unfolded, housing prices and investment recovered to reach new peaks. This paper uses a small econometric model to assess the role of fundamentals in housing price and investment developments....

This article considers non-unitary models of household behavior. These models suppose explicitly that households consist of a number of different members with preferences that are different from each other. They can be split up into two principal categories: cooperative (or collective) models,...