- New household economics
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New Household Economics (also known as NHE[1]) is an approach to the study of economic consumption centered on the household rather than the individual.[2] One of the originators of this concept was Gary Becker who theorized the concept in ""A Theory of the Allocation of Time" in "The Economic Journal" (Sept 1965, vol.75, no. 299. p. 493-517)[3]. It may be seen as a subfield of Family economics.
References
- ^ p.27 "A model of Labour Supply, Household Production and Marriage". Grossbard-Shechtman. In Advances in household economics, consumer behaviour and economic policy. Editor: Tran Van Hoa Ashgate 2005.
- ^ The industrious revolution: consumer behavior and the household economy. Jan De Vries. 2008. Cambridge. p.26
- ^ The industrious revolution: consumer behavior and the household economy. Jan De Vries. 2008. Cambridge. p.26
Categories:- Economics
- Economics and finance stubs
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