- Department: Economics and Related Studies
- Module co-ordinator: Mr. Simon Weber
- Credit value: 10 credits
- Credit level: M
- Academic year of delivery: 2022-23
- See module specification for other years: 2021-22
This module aims to give you a solid grounding in family economics at the graduate level.
The module is structured under the following three topics:
1. Facts
(a) Marriage, divorce and remarriage
(b) Labour supply and time use
(c) Marriage patterns
(d) Fertility
2. Models of household behavior and household formation
(a) The unitary model
(b) Collective models
(c) Matching models
3. Structural estimation
(a) Preliminaries: Linear programming.
(b) Preliminaries: Convex analysis.
(c) Preliminaries: Programming with Matlab and Julia.
(d) Non parametric approaches (revealed preferences, etc)
(e) Parametric approaches
Occurrence | Teaching period |
---|---|
A | Spring Term 2022-23 |
This module's objectives would be threefold.
|
Upon completing this module, students should be able to:
Understand and critically analyze various kinds of household decision making models
Learn and apply the related structural estimation techniques on household data
Identify areas where further research needs to be done, and where it might have a good chance of making progress given current knowledge.
Task | Length | % of module mark |
---|---|---|
Essay/coursework Short Research Project / Critical Review |
N/A | 100 |
None
Task | Length | % of module mark |
---|---|---|
Essay/coursework Short Research Project / Critical Review |
N/A | 100 |
Written feedback within 20 working days will be provided in accordance with the University Policy on Assessment Feedback and Turnaround Time.
Browning, Martin, Pierre-André Chiappori, and Yoram Weiss. Economics of the Family. Cambridge University Press, 2014.
Chiappori, Pierre-André. Matching with transfers: The economics of love and marriage. Princeton University Press, 2017.