Economic approaches to understanding families.
The economic approach helps explain the enormous changes in fertility, marriage, divorce, and human capital of families during the past 50 years. Large challenges remain to explain below-replacement fertility in over 60 countries and the consequences of such low birth rates for economic growth and other issues.
Becker
Gary S
GS
University of Chicago, 1226 E. 59th Street, Chicago, IL 60637, USA. gbecker@midway.uchicago.edu
D004243:Divorce; D005190:Family; D005298:Fertility; D006801:Humans; D008393:Marriage; D011157:Population Dynamics; D012959:Socioeconomic Factors