Original article Macroeconomics and Monetary Economics

THE FAMILY AND THE LABOR MARKET

Vladimir Peovski - Sofia University St. Kliment Ohridski
Received: 10 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 2/2014
JEL Е24 J31 D10 J12 J22 J71

Abstract

Subject of this paper is the two-way link between the economic behavior of the family and the labor market processes. The analysis begins with the assumption that the gender division of labor is the economic foundation of the family institution. The article traces the impact of this form of economic organization on the status of women and men in the labor market. It clarifies the way in which some quantitative and structural changes in the market weaken the traditional division of labor between spouses, reduce their economic interdependence, and ultimately call into question the very future of the family institution.

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