This book considers recent advances in household economics, consumer behaviour and economic policy and examines their interrelationship and impact on growth, development, trade and welfare policy in world economies in the 21st century. Researched and written by authorities in these emerging areas from North America, the European Union and Australia/Oceania, the book has the timely advantage of bringing together in one place the development of diverse concepts and important applications in these areas. It is a must-have for academics, and will be used on advanced courses on household economics and production, demand analysis, economic policy, social security and welfare economics. It will also be of interest to trade and welfare policy-makers world-wide.
'…[this book] presents a diverse range of developments in the theory and application of household economics and consumer behaviour in one reference.' Economic Record '…this is an important book highlighting the wide ranging impact that the work of Duncan Ironmonger has had on the economics profession.' Economic Record
Contents: Advances in Household Economics, Consumer Behaviour and Economic Policy: Household economics and production, consumer behaviour and economic policy: overview, Tran Van Hoa; Advances in household economics, consumer behaviour and their role in modern economic policy, Tran Van Hoa; Changes in household make-up and implications for economic policy: a conversation to honour Duncan Ironmonger, Marilyn Waring. Household Economics, Household Production and Economic Policy: A model of labour supply, household production, and marriage, Shoshana Grossbard-Shechtman; Consumer durable: good measurement in satellite accountancies of national income, Robin Douthitt; Household production in Canada: measuring and valuing outputs, Andrew Harvey and Arun Mukhopadhyay; Equivalence scales: a household production approach, Tran Van Hoa and Duncan Ironmonger. Consumer Behaviour and Economic Policy: HOGLEX demand systems and welfare policy in major ASEAN developing countries: a Bayesian analysis using expenditure unit records, Hikaru Hasegawa, Tran Van Hoa and Rebecca Valenzuela; New commodities in trade and tariff analysis: preludes and fugues, Neville Norman; Additional complications for the Giffen phenomenon: the impact of variable quality and sub-budgets; William Wadman; The role of agriculture in general economic development: a reinterpretation of Jorgenson and Lewis, Marc Nerlove. Epilogue: Methodology, measurement, analysis and policy: a global perspective, Tran Van Hoa; Appendix; Index.