Economics Of race and gender

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1. Explain under what conditions it would be rational for a woman who could earn more than her husband in the labor market to specialize in house work.

 

2. Why have women been so eager to increase the participation in the labor market, and why have men been so reluctant to increase their participation in house work.

 

3. Where is “bargaining approach” to decision making? Why is this approach more realistic than the standard neoclassical model?