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The household production model provides a useful theoretical framework in which one may analyze family labor supply … issues. In this model, the family is viewed as if it were a small firm producing its ultimate wants within the household. In … order to satisfy these wants, the family (firm) combines purchased market goods and services with the time of various family …
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The household production model provides a useful theoretical framework in which one may analyze family labor supply … issues. In this model, the family is viewed as if it were a small firm producing its ultimate wants within the household. In … order to satisfy these wants, the family (firm) combines purchased market goods and services with the time of various family …
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The present paper aims to quantify the growth and welfare consequences of changing family structures in western …
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