Population and Family Economics

lecon2655  2019-2020  Louvain-la-Neuve

Population and Family Economics
Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
5 credits
30.0 h
Q2

This biannual learning unit is being organized in 2019-2020
Teacher(s)
Mariani Fabio;
Language
English
Content
Course outline
Introduction.
0.1: Economics and demography: why the family matters
0.2: Key facts

Part 1. Household behavior and decision making.
1.1: Preferences and household production
1.2: The unitary model
1.3: Non-cooperative models
1.4: The cooperative model

Part 2. The marriage market: household formation and dissolution.
2.1: Matching on the marriage market (who marries whom)
2.1.1 Non-transferrable utility: the Gale-Shapley equilibrium
2.1.2 Transferrable utility: the Becker-Shapley-Shubik equilibrium
2.1.3 Search on the marriage market
2.2: Sharing the surplus: equilibrium transfers, etc.
2.3: Pre-marital investment

Part 3. The implications of the family for long-run macroeconomics.
3.1: The family and economic growth
3.2: The role of fertility in unified growth theories
3.3: The family and institutional change: polygyny, women’s rights, etc.
Teaching methods
Lectures + student presentations (or "classes inversées")
Evaluation methods
"Evaluation continue" + oral exam.
Online resources
On Moodle.
Bibliography
No book is strictly required. Some material will be taken from:
• Browning, M., P.-A. Chiappori and Y. Weiss (2014): Economics of the Family, Cambridge University Press.
• Doepke, M. and M. Tertilt (2016): “Families in Macroeconomics”, in Taylor, J.B. and H. Uhlig (eds.): Handbook of Macroeconomics (vol. 2), Elsevier.
Further references (mostly to selected research papers) will be provided throughoutthe course.
Faculty or entity
ECON


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Aims
Master [60] in Economics : General

Master [120] in Economics: Econometrics

Master [120] in Economics: General