Economics of the Family

  title={Economics of the Family},
  author={Chapter and Martin Browning and Pierre-Andr{\'e} Chiappori},
  • Chapter, Martin Browning, Pierre-André Chiappori
  • Published in Nature 1950
  • DOI:10.1038/166461b0
The purpose of this chapter is to examine in more detail the role of children in marriage and divorce.1 In particular, we wish to discuss the determination of expenditures on children and their welfare under various living arrangements, with and without the intervention of the courts. There is a growing concern that the higher turnover in the marriage market causes more children to live with single mothers or step parents,2 which may be harmful to the children.3 Part of the problem is that… CONTINUE READING
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