FamilyMacro: Family Decisions and Macroeconomic Outcomes

大多数推动宏观经济结果的家庭选择，如劳动力供应、储蓄、生育和教育的决策，都是在家庭的背景下做出的。家庭宏观将推进一项研究议程，明确家庭决策对宏观经济结果的作用，并就家庭决策对经济增长、经济波动和宏观经济不平等的影响得出新的见解。关于对商业周期的影响，家庭宏观将收集新的证据和建立新的模型，以了解宏观经济冲击对劳动力供应和消费的影响，同时考虑到不同性别和婚姻状况的劳动力市场行为以及家庭内部保险对消费反应的作用。关于经济增长，家庭宏观将利用最近在技能获得和育儿经济学方面的工作，审查宏观经济条件对人力资本积累的影响。第二个长期主题是许多高收入经济体目前非常低的生育率造成的低人口增长的影响。最后，《家庭宏观》将探讨家庭与宏观经济不平等之间的联系，考虑到“家庭文化”和其他形式的价值观和态度在家庭内部传递的作用，以促进社会流动和经济地位代代相传。

Most of the household choices that drive macroeconomic outcomes, such as decisionson labor supply, savings, fertility, and education are made in the context of families.FamilyMacro will advance a research agenda that makes the role of family decision makingfor macroeconomic outcomes explicit and derive new insights on the repercussions of familydecision-making for economic growth, economic fluctuations, and macroeconomic inequality.With regard to implications for business cycles, FamilyMacro will gather new evidence andassemble new models to understand the implications of macroeconomic shocks for laborsupply and consumption, while taking into account the qualitatively different labor marketbehavior by gender and marital status and the role of insurance within the family forconsumption responses. Regarding economic growth, FamilyMacro will leverage recent workon the economics of skill acquisition and parenting to examine the repercussions ofmacroeconomic conditions for human capital accumulation. A second long-run theme is theimplications of low population growth resulting from the currently very low fertility ratesin many high-income economies. Lastly, FamilyMacro will explore the link between familiesand macroeconomic inequality by considering the role of "family culture" and other formsof transmission of values and attitudes within families for social mobility and thepersistence of economic status across generations.