Family Economics and Public Policy, 1800s-Present: How Laws, Incentives, and Social Programs Drive Family Decision-Making and the US Economy

Author:   Megan McDonald Way
Publisher:   Palgrave Macmillan
Edition:   Softcover reprint of the original 1st ed. 2018
ISBN:  

9781349959082


Pages:   315
Publication Date:   13 September 2019
Format:   Paperback
Availability:   Not yet available   Availability explained
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Family Economics and Public Policy, 1800s-Present: How Laws, Incentives, and Social Programs Drive Family Decision-Making and the US Economy


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Overview

This book explores family economic decision-making in the United States from the nineteenth century through present day, specifically looking at the relationship between family resource allocation decisions and government policy. It examines how families have responded to incentives and constraints established by diverse federal and state policies and laws, including the regulation of marriage and of female labor force participation, child labor and education policies-including segregation-social welfare programs, and more. The goal of this book is to present family economic decisions throughout US history in a way that contextualizes where the US economy and the families that drive it have been. It goes on to discuss the role public policies have played in that journey, where we need to go from here, and how public policies can help us get there. At a time when American families are more complex than ever before, this volume will educate readers on the often unrecognized role that government policies have on our family lives, and the uncelebrated role that family economic decision-making has on the future of the US economy.

Full Product Details

Author:   Megan McDonald Way
Publisher:   Palgrave Macmillan
Imprint:   Palgrave Macmillan
Edition:   Softcover reprint of the original 1st ed. 2018
ISBN:  

9781349959082


ISBN 10:   1349959081
Pages:   315
Publication Date:   13 September 2019
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Forthcoming
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Table of Contents

1. Introduction: Public Policy and Family Economics in US History2. Families: Economic Functions and Decision-Making3. The Path of US Fertility: Micro Decisions with Macro Consequences4. Private and Public Investments in Children: Creating the Human Capital to Meet US Economic Needs5. Labor Force Participation and Home Production: Evolving Rights, Roles, and Opportunities for Women and Men 6. The Economics of Changing Family Structures: The Public Interest in Marriage and Family Formation7. Intergenerational Economics: Public and Family Support for Retirees in US History and Looking Forward8. Family Economics, Public Policy, and Inequality: Diverging Family Fortunes and the Risk to the US Economy

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Author Information

Megan McDonald Way is Associate Professor and Chair of the Economics Division at Babson College, USA. She teaches graduate and undergraduate microeconomics principles and undergraduate labor courses. Her research focuses on intergenerational financial transfers within families, specifically how demographic changes in family structure are affecting the way money gets passed between the generations. She also studies gender earnings gaps, particularly among the self-employed. Prior to her career in academia, Dr. Way spent eight years as a marketing professional in the software industry.

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