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1. Measuring Unpaid Care Work in Household Surveys

Author:
Martin Walsh
Publication Date:
06-2018
Content Type:
Research Paper
Institution:
Oxfam Publishing
Abstract:
Caring for people and domestic work, such as cooking, cleaning and fetching water, is essential for personal wellbeing and survival. But across the world, care work is overwhelmingly done by women, which restricts their opportunities for education, employment, political engagement and leisure.
Topic:
Labor Issues, Homeownership, Labor Market, and Care
Political Geography:
Global Focus

2. On Historical Household Budgets

Author:
Brian A'Hearn, Nicola Amendola, and Giovanni Vecchi
Publication Date:
05-2016
Content Type:
Working Paper
Institution:
Institute for New Economic Thinking (INET)
Abstract:
The paper argues that household budgets are the best starting point for investigating a number of big questions related to the evolution of the living standards during the last two-three centuries.
Topic:
Budget, Fiscal Policy, Homeownership, and Housing
Political Geography:
Global Focus

3. Household Borrowing and the Possibility of “Consumption- Driven, Profit-Led Growth”

Author:
Mark Setterfield and Yun K. Kim
Publication Date:
01-2016
Content Type:
Working Paper
Institution:
Institute for New Economic Thinking (INET)
Abstract:
We first show that, with a Kaleckian structure that is consistent with Pasinetti (1962), the relationship between distribution and growth is more robust than conventional wisdom suggests. Next, we extend our model by incorporating borrowing and emulation effects into workers’ consumption behavior, under different assumptions about how debt is serviced. Our results demonstrate that borrowing and emulation transform the relationship between distribution and growth, giving rise to the possibility of a “consumption-driven, profit-led” growth regime (Kapeller and Schütz, 2015) and what we call the “paradox of inequality.” A key conclusion is that the wage-or -profit led characteristics of the growth process, rather than being invariant, can be altered by social constructs such as borrowing and consumption norms that change over time.
Topic:
Economics, Economic Growth, Economic Theory, Profit, Homeownership, and Consumerism
Political Geography:
Global Focus