The course is conducted in English。

This course is the second part of a sequence in Labor Economics, with a focus on family-related topics this semester. We will begin by exploring the theory of matching and marriage, delving into both theoretical frameworks and empirical analysis. Using available data from marriage and matching markets, we will examine questions such as: Who marries whom, and why? Additionally, we will investigate matching patterns to assess whether society is becoming more assortative in terms of marriage and partnerships. Following this, we will study models of family decision-making. Traditional economic models often take individuals as the fundamental decision-making units. In contrast, we will examine models that treat families as decision-making units, discussing their theoretical foundations and empirical implications. Finally, we will address broader issues related to family formation, including topics such as fertility, the impact of labor market policies on families, and other related areas. This course aims to provide a comprehensive understanding of the economic dynamics within families and their interactions with broader societal and policy contexts.

The goal is to familiarize you with matching models, family decision models, and family-related topics. By the end of the semester, you will have a rough draft of thesis that replicates a paper in family economics.

Browning, M., P.-A. Chiappori, and Y. Weiss (2014): Economics of the family / Martin Browning, University of Oxford, Pierre-Andr´e Chiappori, Columbia University, Yoram Weiss, Tel Aviv University., Cambridge surveys of economic literature, New York: Cambridge University Press. Chiappori, P.-A. (2017): Matching with transfers: the economics of love and marriage / Pierre-Andr´e Chiappori., The Gorman Lectures in Economics, Princeton: Princeton University Press. Lundberg, S. and A. Voena (2023): Handbook of the economics of the family. Volume 1 / edited by Shelly Lundberg, Alessandra Voena., Amsterdam: North Holland.