Household formation, inequality, and the macroeconomy

Raquel Fernández

    Research output: Contribution to journalArticle

    Abstract

    This paper examines how family structure can influence the macroeconomy. It uses a simple model where the key features are taken as exogenous and shows that the sorting of individuals into families can have important quantitative effects on human capital formation, inequality and income. It then discusses how these features can be endogenized and suggests avenues for future research.

    Original languageEnglish (US)
    Pages (from-to)683-697
    Number of pages15
    JournalJournal of the European Economic Association
    Volume1
    Issue number2-3
    DOIs
    StatePublished - 2003

    ASJC Scopus subject areas

    • Economics, Econometrics and Finance(all)

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