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Evolution of the total number of citations and journal's self-citations received by a journal's published documents during the three previous years.

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Journal Self-citation is defined as the number of citation from a journal citing article to articles published by the same journal. Evolution of the number of total citation per document and external citation per document i. International Collaboration accounts for the articles that have been produced by researchers from several countries.

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The chart shows the ratio of a journal's documents signed by researchers from more than one country; that is including more than one country address. Not every article in a journal is considered primary research and therefore "citable", this chart shows the ratio of a journal's articles including substantial research research articles, conference papers and reviews in three year windows vs. Ratio of a journal's items, grouped in three years windows, that have been cited at least once vs. The purpose is to have a forum in which general doubts about the processes of publication in the journal, experiences and other issues derived from the publication of papers are resolved.

For topics on particular articles, maintain the dialogue through the usual channels with your editor. Year SJR 0.

Review of Economics of the Household

Citations per document. Year International Collaboration 9. While love enters the equation, clearly, many of the goods and services that individuals desire can be either purchased in the market or produced in the home. In recent research Burdett et al. The general idea is based on a classic paper by Ronald Coase , who asks why some economic activity is organized within firms, as opposed to by self-employed individuals who contract with one another as needs arise.

Expectations Uncertainty and Household Economic Behavior

Production could be carried on without firms, he says, with all activity orchestrated by markets for tasks by individual contractors. Coase argues that firms exist in part because there are transaction costs or frictions in the marketplace:. The main reason why it is profitable to establish a firm would seem to be that there is a cost of using the price mechanism. The costs of negotiating and concluding a separate contract for each exchange transaction that takes place on a market must also be taken into account.


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If we consider the operation of a sales tax, it is clear that it is a tax on market transactions and not on the same transactions organised within the firm. Similarly, quota schemes, and methods of price control which imply that there is rationing, and which do not apply to firms producing such services for themselves By establishing firms and organizing them to minimize transaction costs and government regulation, entrepreneurs avoid costs and inconveniences associated with markets.

Their very existence testifies to the notion that markets are imperfect and that firms can reduce search, taxation and other frictions.


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Businesspeople sometimes need services e. When these costs are high, managers may profit by bringing some of this activity in house by setting up a legal team, accounting department or secretarial pool. Here we apply the same logic to households, with families as a leading example, although, again, the idea applies to other partnerships. This list of individual demands might include cooking, cleaning, child care and even companionship.

Logic suggests that if the costs of using markets are higher than the costs of meeting needs internally, then individuals—like Coasian entrepreneurs—are more inclined to bring activity in house. This is especially relevant when market and home commodities are relatively good substitutes and when home production is enhanced by forming a household that operates more or less as a team.

For instance, single individuals can engage in preparing meals and related activities on their own, but it might be better with a partner. Much research suggests that, on average, people are fairly willing to substitute between market and home goods. Therefore, when individuals find themselves in a longer-term situation where the cost of using markets is higher, they are more inclined to set up households and increase home production relative to market purchase. In search theory, it takes time and other resources to get a good job; that is not so different from buying a house or finding a spouse.

Since such activities are time-consuming, rational individuals use reservation strategies : They continue looking until they come across an opportunity where forming a partnership outweighs the benefits of continued search, including the payoff from being single plus the value of perhaps finding a better option. Using modern methods, it is possible to characterize rigorously how these strategies depend on parameters. As the idea concerns substitution between households and markets, recent research embeds this in general equilibrium models where agents not only look for partners, but also trade market goods, labor and assets.

Moreover, the markets incorporate tax, search and bargaining frictions to accommodate Coasian logic.

Household Economic Behaviors

Additionally, in these models consumers sometimes need money i. This research seeks to explain the use of various payment instruments, such as currency, credit and debit. How is this relevant? Many frictions influence partnership formation, but taxation is one for which data are available, including data on sales and income taxes, and especially on the inflation tax.

There is evidence that items provided either in the home or by the market e. While these goods are not always purchased with cash, they are purchased that way more often than home goods are. Indeed, home goods are not even traded, let alone traded for money with exceptions like paying kids to do chores. Also, intuitively, singles go out more e.


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This evidence suggests that being single is cash intensive. We investigate that hypothesis systematically using microeconomic data from various countries and find that singles indeed use cash more than married people, controlling for differences in age, income, employment and so on. The same woman controlling for age, education and so on would hold about 50 percent more currency if she were single. And this does not count demand deposits i. Both are liquid, low-interest assets.