06.11.2023 Households#
Definition#
Household:
unit of residence comprised of one / more individuals
common provision of shared resources
decisions relevant for economic processes
diverse institutions, vary by size:
Economic Interest in Households:
economic unit with allocative decisions
Non-market production of goods
Feminist Interest in HH
Invisible / devalued repro. work
inequal allocation of responsibilities
New Household Economics#
Neoclassical Econ and HH
not compatible with methodological individualism
household utility function as function of individuals
Gary Becker’s New Household Economics:
Producer of Market / Non Market Goods
Market Good = Labour
Non Market Good = Care-Work, Meals etc
Primary Input = Time
scarce resource = time & income
single utility function
Assumptions:
income-pooling hypothesis
altruistic household head
Focus on Comparative Advantage
drives specialisation in specific activities
lower OC of low-paid member => focus on care work
reinforces inequality between men and women
Feminist Critique#
joint welfare function does not exist
empirical gender bias against girls (malnutrition)
Paradox of altruism in HH and selfish in market
why not selfish in HH?
HH labor is not substitutable
male labor does not subst. when women work more wage-labour
Income Pooling
empirical evidence against (antropological and economical)
Individual incomes => not maximize HH welfare
stark focus on heterosexual nuclear families
Relevant Question for Analysis of a Region / People / Group:
What are the significant units of production / consumption?
What are the major flows and transfers of resources between units & indiv.?
Households in FPE#
Work in HH:
industrialization = separation of work into physical factories
structural divide: factory = profit, HH = non-profit
HH work is devalued
not accounted for in Indicatos (e.g GDP)
Households = Institutions (not microeconomic)
embedded in socio-economic system
external relations are relevant
Relations in HH:
site of production and social reproduction
with internal power relations
state mediates Relations between HH and global markets
e.g. regualtion on remittances