Bruze, Gustaf; Svarer, Michael; Weiss, Yoram - In: Journal of Labor Economics 33 (2015) 1, pp. 123-123
We formulate and estimate a dynamic model of marriage, divorce, and remarriage using panel data on two cohorts of Danish men and women. The marital surplus is identified from the probability of divorce and the surplus shares of husbands and wives from their willingness to enter marriage. We find...