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American Economic Review 2016

Is the Household Obsolete

Charlotte D. Phelps

Abstract

sex-typing should be ended, women should receive equal pay for equal work, and women should do less unpaid work at home and men should do more.' This paper offers a theory of household formation which makes it possible to predict the impact of changes in economic conditions, including those proposed by the Women's Liberation Movement, on household behavior. The ideas presented in this paper grew from my attempt to explain why a wife chooses to work in the market economy, in the home and/or in community service

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