Population and Family Economics

lecon2655  2023-2024  Louvain-la-Neuve

Population and Family Economics
5.00 credits
30.0 h

This biannual learning unit is being organized in 2023-2024
Course outline
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.
[Some topics may not be covered, because of time constraints.]
Teaching methods
Lectures + student presentations (or "classes inversées")
Evaluation methods
"Evaluation continue" + oral exam.
Online resources
On Moodle.
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

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

Title of the programme
Learning outcomes
Master [120] in Economics: Econometrics

Master [60] in Economics : General

Master [120] in Economics: General