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Sastry's 10-year study of New Orleans Katrina evacuees shows demographic differences between returning and nonreturning

Stafford says less educated, smaller investors more likely to sell off stock and lock in losses during market downturn

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Highlights

Deirdre Bloome wins ASA award for work on racial inequality and intergenerational transmission

Bob Willis awarded 2015 Jacob Mincer Award for Lifetime Contributions to the Field of Labor Economics

David Lam is new director of Institute for Social Research

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

Next Brown Bag

Monday, Oct 12
Joe Grengs, Policy & Planning for Social Equity in Transportation

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The Economics of Fatherhood

Publication Abstract

Willis, Robert. 2000. "The Economics of Fatherhood." American Economic Review, 90(2): 378-382.

This paper outlines some ways in which fathers' involvement in their children's lives has been approached in some recent theoretical models from family economics. A key feature of these economic models has been to treat the individuals within a household, rather than the household itself, as separate economic actors, each with their own interests and resources. This approach opens up the potential of economic models of households and family behavior to much wider and more interesting classes of behavior than earlier models in which the household is treated as the fundamental unit of analysis. It is also argued that important implications flow from considering children as collective goods from the point of view of both parents.

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