The importance of family: a macroeconomic perspective

Ładowanie...
Miniatura

Data

2021

Tytuł czasopisma

ISSN czasopisma

Tytuł tomu

Wydawca

Lodz University of Technology Press
Wydawnictwo Politechniki Łódzkiej

Abstrakt

[...] In the following part of the paper, we review both macroeconomics and family economics literature in the context of labor force participation, fertility choice, human capital accumulation, inequality and taxes, and social security. Depending on the policy in question, the literature proposes models with significantly different structures and features, e.g., types of heterogeneity, choice set, applied utility functions, and model timing. All of them contribute to the mechanism of the model and its fit to the data (Borella et al. 2018). We discuss below different model setups, with particular caution to policies' welfare effect. In this way, we provide a method guideline useful for future research.

Opis

Słowa kluczowe

social security, human capital accumulation, family structure, intergenerational mobility, parent-child correlations, family economics

Cytowanie

Komada O., Malec M., The importance of family: a macroeconomic perspective. W: Pensions today - economic, managerial, and social issues, Chybalski Filip (red.), Marcinkiewicz Edyta (red.), Wydawnictwo Politechniki Łódzkiej, Łódź 2021, s. 54-69, ISBN 978-83-66287-93-8, doi: 10.34658/9788366287938.6

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