Author Description

This up-to-date study on the economics of the family addresses such topical issues as why the birth rate tends to fall as the standard of living rises, why people are marrying less and divorcing more, and why Western populations are getting older. Cigno provides a survey of the most recent literature, and presents its main theoretical results--while offering some new ones--within a simple, unified framework. The book maintains a balance between vigorous theory, intuitive explanation, and discussion of practical implications throughout.