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Exchange or exploitation? A review of the literature of the economics of family

Authors Lee, Daniel
Issue Date 2002-11
Summary This paper critically reviews the literature of family economics that includes models ranging from neoclassical to the feminist stand, and highlight important empirical findings. We conclude that family is a complex institution which contains both elements of bargaining and love. Whereas some people are enjoying the altruistic life in their families, others are suffering from family violence. Government needs to take intrahousehold resource allocation into consideration in formulating development policy.
Language English
Format Working paper
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