Children and their parents resemble each other in terms of economic preferences such as patience and risk tolerance. What drives the intergenerational correlation in preferences? We build a model of preference formation that combines genetic transmission, state influence through childcare...

Standard models of the family assume that spouses share information. In this paper, we challenge this assumption with theory and evidence. We field a new survey module in the Dutch LISS panel where spouses independently report their knowledge of each other's finances. Private information is...

Over the past two decades, there have been significant changes in family dynamics and labor market interactions, with shifts in fertility, marriage, divorce, cohabitation, family labor supply, gender inequality, and childrearing. This chapter examines the impact of government policies on these...

Over the past two decades, there have been significant changes in family dynamics and labor market interactions, with shifts in fertility, marriage, divorce, cohabitation, family labor supply, gender inequality, and childrearing. This chapter examines the impact of government policies on these...

This paper examines how personality shapes intra-household bargaining, marital stability, and the allocation of resources within marriages. We use rich data from the HILDA Survey that combines information on spouses' personalities, wages, time use, and marital histories. In the data, personality...