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This book provides a timely look at a range of economic behaviors in the household. Includes theoretical and empirical perspectives on allocation of available time, monetary and non-monetary transfers between household members, and intra-household bargaining.
For decades, the traditional model of household economic behavior assumed a nuclear family and a standardized structure. But recent seismic shifts in family composition (e.g., childless, cohabiting, blended) and in the ways family members shop, save, and work are bringing challe…