Author(s)  
Jeremy Greenwood
Nezih Guner
Ricardo Marto

The 20th century beheld a dramatic transformation of the family. Some Kuznets style facts regarding structural change in the family are presented. Over the course of the 20th century in the United States fertility declined, educational attainment waxed, housework fell, leisure increased, jobs shifted from blue to white collar, and marriage waned. These trends are also observed in the cross-country data. A model is developed, and then calibrated, to address the trends in the US data. The calibration procedure is closely connected to the underlying economic logic. Three drivers of the great transition are considered: neutral technological progress, skill-biased technological change, and drops in the price of labor-saving household durables.

Publication Type  
Working Paper
File Description  
First version, November 9, 2021
JEL Codes  
D10: Household Behavior: General
E13: General Aggregative Models: Neoclassical
J10: Demographic Economics: General
O10: Economic Development: General
Keywords  
average weekly hours
blue-collar jobs
college premium
fertility
housework
leisure
Marriage
neutral technological progress
price of labor-saving household durables
skill-biased technological change
theory-based identification
user guide
white-collar jobs