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Although there is not a market for household care, one can show that there are substantial transfers involved when one partner stays at home. As an earlier comm
by solidsnack9000 9y ago
Although there is not a market for household care, one can show that there are substantial transfers involved when one partner stays at home. As an earlier commenter noted, a partner who stays at home enjoys the use of many of the same things -- all the property -- and has all of their own consumption covered. Working backwards from consumption would allow us to discover the nominal price of housework.