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Economics of Home Activities
Author(s) -
Edwards Meredith
Publication year - 1979
Publication title -
australian journal of social issues
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.417
H-Index - 30
eISSN - 1839-4655
pISSN - 0157-6321
DOI - 10.1002/j.1839-4655.1979.tb00664.x
Subject(s) - unpaid work , welfare , economics , project commissioning , work (physics) , public economics , publishing , labour economics , child care , income support , demographic economics , political science , macroeconomics , engineering , mechanical engineering , medicine , pediatrics , law , market economy
This paper explores the contribution of unpaid home activities to the economic welfare of the family. It begins with a review of the conventional economic framework on how household decisions are made. It deals with the modifications which take into account unpaid work in the home. The concept of ‘imputed income’ from home activities (like housework and child care) is then introduced before several possible methods of measuring that income are assessed. The final section of the paper analyses some policy implications which follow from recognizing imputed income as part of family income.