Talk:Family economics

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This article was the subject of a Wiki Education Foundation-supported course assignment, between 28 August 2019 and 4 December 2019. Further details are available on the course page. Student editor(s): Khatran01.

Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT (talk) 21:09, 16 January 2022 (UTC)

Ways of improving article

I am planning to revising the article. Family economics is a subject that has been developed in last few decades and there are many resources that could be used to develop the article. Currently the article is pretty much like an outline of a more developed encyclopedia article. I think the subjects that are stated in the article can be a starting point from which further development. I am planning to put the marriage, or formation of family, division of labor within the family and history of family as three possible sections that could be added to the article. I would really appreciate any general ideas on the contribution i am planning to make. One subject where I am not certain is the children. I think I may add another section on the role of children in the family, or I can cover the role of children within the family family in other sections. Also I think I might add how economics of family is related to macroeconomic policies, like welfare programs, or social movements like feminism, or socialism. However I think I might overextend the article by doing then. If you have any advice on these particular subjects where i have confusion, I would like to hear that. Kerem Cantekin (talk) —Preceding undated comment added 21:56, 19 October 2012 (UTC)

Welcome, KC. I've replaced the heading above with something more descriptive of what you discuss above. Your proposal sounds eminently reasonable.

To generalize a little on the above, ways of improving the article might include expanding the bulleted topics in the text using the footnoted or related sources to develop into a paragraph or using such general references in the text as now gathered in the last footnotes 15 & 3:

     • Gary S. Becker, 1987. "family," The New Palgrave: A Dictionary of Economics, v. 2, pp. 281-86. Reprinted in Social Economics: The New Palgrave, 1989, pp. 65-76.
   • _____, 1981, Enlarged ed., 1991. A Treatise on the Family. Cambridge, MA: Harvard University Press. ISBN 0-674-90698-5. Publisher's description & links to chapter previews.
   • John Ermisch, 2008. "family economics," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
   • _____, 2003. An Economic Analysis of the Family, Princeton. Description, Chapter 1 "Introduction" (press +), chapter-preview links.
   • Mark R. Rosenzweig and Oded Stark, ed., 1997. Handbook of Population and Family Economics. lst-page ch. links, v. 1A, Elsevier. Description, v. 1A preview, and ch. 1 link.

    • Theodore C. Bergstrom, 1996. "Economics in a Family Way," Journal of Economic Literature, 34(4), pp. 1903-1934.
   • _____, 1997. "A Survey of Theories of the Family," ch. 2 in Handbook of Population and Family Economics, M. R. Rosenzweig and O. Stark, ed., v. 1A, pp. 21-75.

might also be used as a basis of organizing paragraphs or sections, such as, particularly from more apparently general sources and at the beginning or end thereof. Anyone who reads good sources closely may be in a good position to improve this article. Best wishes. --Thomasmeeks (talk) 21:18, 19 November 2012 (UTC)

I have made my contributions, however I could not transform my own notes into the type of notes written by the initial author so I left it as it is. I suggest to the people who want further improve the article to focus on distribution of wealth within the family and the role of children within the family, both with respect to reproduction, human capital formation, the labor the children contribute and the wealth they get out of distribution. 155.97.18.137 (talk) 17:58, 4 December 2012 (UTC) Kerem Cantekin (talk) —Preceding undated comment added 03:11, 3 December 2012 (UTC)

Kerem, I don't have many comments, but here's what I've observed: What I like: I'm very impressed by the number of links you've provided to other Wiki pages. I should probably go back and include more on my article. Good job. Also, I think that you've provided a great platform for addressing the topic. Over time, I'm sure it will be amended and revised . . . and on and on . . . What I think needs attention: I realize that English isn’t your primary language, but there are a number of grammatical and punctuation errors in your writing. In particular, independent clauses should be separated with a comma (as I did at the start of this sentence). Also, now and again, you tend to drop articles (mostly “the”). Not a big deal, but something to look at. Marsge01 (talk) 02:33, 13 December 2012 (UTC)

Suggestions for improvement

Add more links to other Wikipedia articles. The feminist economics voice in the article could be strengthened. For example, add one or more topics to the bulleted list (and provide links there to other Wiki articles): Unpaid care work, its costs to women and parents; Measurement of unpaid work in the family. In addition, add Power (2004): on the interest of feminist economists to consider the continuum of paid and unpaid activities as the focus of economics. But not in a way that extends the tools of microeconomics to unpaid work in the family (contra Becker et al.). I've done some edits on grammar and punctuation, though there is room for improvement.BerikG (talk) 22:04, 14 December 2012 (UTC)

Dr. Chiappori's comment on this article

Dr. Chiappori has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:

I have a basic problem with this article: it totally ignores a large fraction of the recent literature on the economics of the family. A major advance of the last three decades has been the development of the so-called 'collective' model, which represents families as multi-person decision units making efficient decisions. That the approach is not even mentioned is amazing.

Let me illustrate by some examples. The article cites a recent book by Grossbard (`A Price Theory of Marriage', 2014), which has 5 citations on Google Scholar; but not the recent book on Economics of the Family (Browning, Chiappori and Weiss), published a few months ago and which has already 100 Google cites. Regarding articles, it cites a 2007 article by Grossbard (4 Google cites). Here is, by alphabetic order, a (far from exhaustive) list of articles that are not cited (although they deal with family economics):

. Efficient intra-household allocations: A general characterization and empirical tests, M Browning, PA Chiappori - Econometrica, 1998 (1150 Google cites) . Collective labor supply and welfare, PA Chiappori - Journal of political Economy, 1992 (1666 Google cites) . Rational household labor supply, PA Chiappori - Econometrica, 1988 (1587 Google cites) . Grandmothers and Granddaughters: Old‐Age Pensions and Intrahousehold Allocation in South Africa, E Duflo - The World Bank Economic Review, 2003 (1216 Google cites) . Nash-bargained household decisions: Toward a generalization of the theory of demand MB McElroy, MJ Horney - International economic review, 1981 (1905 Google cites) . Intra-household resource allocation: An inferential approach, D Thomas - Journal of human resources, 1990 - (1874 Google cites) . Human resources: empirical modeling of household and family decisions, J Strauss, D Thomas - 1995 (1398 Google cites)

In a nutshell: the article is surprisingly incomplete and needs a substantial rewriting.

.

We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Chiappori has published scholarly research which seems to be relevant to this Wikipedia article:

• Reference 1: Chiappori, Pierre-Andre & Iyigun, Murat & Lafortune, Jeanne & Weiss, Yoram, 2011. "Are Intra-Household Allocations Policy Neutral? Theory and Empirical Evidence," IZA Discussion Papers 5594, Institute for the Study of Labor (IZA).

• Reference 2: Pierre-Andre Chiappori & Yoram Weiss & Murat Iyigun & Yoram Weiss, 2006. "Investment in Schooling and the Marriage Market," 2006 Meeting Papers 43, Society for Economic Dynamics.

ExpertIdeasBot (talk) 13:32, 7 June 2016 (UTC)

Dr. Kebede's comment on this article

Dr. Kebede has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:

"Bargaining processes with power considerations are formalized in Kaushik Basu’s paper “Gender and Say: A Model of Household Behavior with Endogenously Determined Balanced of Power.”" - there are earlier papers that formalised this. The most well-known and widely cited are:

Manser, M., & Brown, M. (1980). Marriage and Household Decision Making: A Bargaining Analysis. International Economic Review, 21(1), 31-44. McElroy, M. B., & Horney, M. J. (1981). Nash-bargained Household Decision: Towards a Generalization of the Theory of Demand. International Economic Review, 22(2), 333-349.

"Bargaining models are models that focus on how decision-making within the household may possibly proceed when such conflicts are taken into account" - it is better to include the above mentioned bargaining models based on cooperative games theory here. In these groups of models, there is another class based on non-cooperative games theory: early examples include,

Ulph, D. (1988). A General Non-Cooperative Nash Model of Household Consumption Behaviour. University of Bristol, United Kingdom. Warr, P. G. (1983). The private provision of a public good is independent of the distribution of income. Economics Letters, 13, 207-211.

The current formal economics literature on the family is dominate by the 'collective model'. Some references:

Browning, M., Bourguignon, F., Chiappori, P.-A., & Lechene, V. (1994). Income and Outcomes: A Structural Model of Intra Household Allocation. Journal of Political Economy, 94, 712-732. Chiappori, P. (1988). Rational Household Labor Supply. Econometrica, 56(1), 63-89.

Chiappori, P. (1992). Collective Labor Supply and Welfare. Journal of Political Economy, 100(3), 437-467.

We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Kebede has published scholarly research which seems to be relevant to this Wikipedia article:

• Reference 1: Bereket Kebede, 2004. "Decomposition of Household Expenditure and Child Welfare in Rural Ethiopia," Development and Comp Systems 0409033, EconWPA.

• Reference 2: Bereket Kebede, 2004. "Genetic Endowments, Parental and Child Health in Rural Ethiopia," Development and Comp Systems 0409034, EconWPA.

ExpertIdeasBot (talk) 09:16, 16 June 2016 (UTC)

Dr. Checchi's comment on this article

Dr. Checchi has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:

models of bargaining come out twice in the final part of the article

We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

We believe Dr. Checchi has expertise on the topic of this article, since he has published relevant scholarly research:

• Reference : Bratti, Massimiliano & Checchi, Daniele & de Blasio, Guido, 2008. "Does the Expansion of Higher Education Increase the Equality of Educational Opportunities? Evidence from Italy," IZA Discussion Papers 3361, Institute for the Study of Labor (IZA).

ExpertIdeasBot (talk) 17:13, 14 July 2016 (UTC)

Merge from Household economics

I added a merge from template – seems like household economics should be merged into this article. flod logic (talk) 19:14, 30 December 2021 (UTC)

I don't believe so, since many households do not include families, and many families do not live in the the same household. Cheers, Thomasmeeks (talk) 04:32, 13 January 2022 (UTC)

Closing with no merge given the uncontested objection and no support with stale discussion. Klbrain (talk) 08:20, 18 April 2022 (UTC)

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The above message was substituted from {{WAP assignment}} by PrimeBOT (talk) on 16:14, 2 January 2023 (UTC)

Wiki Education assignment: Psychology of Financial Planning II

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