Macroeconomics is evolving from the study of aggregate dynamics to the study of the
dynamics of the entire equilibrium distribution of allocations across individual economic …

This chapter considers nonunitary models of household behavior. These models suppose
explicitly that households consist of a number of different members with preferences that are …

Using data from the China Family Panel Studies (CFPS) and the digital inclusive financial
index (DFI), this paper explores the relationship between fintech innovation and household …

This book owes much to other people. There are, first and foremost, my coauthors in the
fields of poverty and income distribution, with whom it has been a great pleasure to work …

Much of macroeconomics is concerned with the allocation of physical capital, human capital,
and labor over time and across people. The decisions on savings, education, and labor …

In recent decades, American workers have faced a rising college premium, a narrowing
gender gap, and increasing wage volatility. This paper explores the quantitative and welfare …

The chapter examines how the various dimensions of economic inequality between men
and women are analyzed today. Beyond the gender wage gap—a central issue—and of …

This paper examines how divorce laws affect couples' intertemporal choices and well-being.
Exploiting panel variation in US laws, I estimate the parameters of a model of household …

How much income would a woman living alone require to attain the same standard of living
that she would have if she were married? What percentage of a married couple's …

The share of household resources devoted to children is hard to identify because
consumption is measured at the household level and goods can be shared. Using …