) use of marriage is affected by the possibility of divorce. -- post-marital education ; marriage contract ; divorce …This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk …

This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …

This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …

This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …

I model how agents' marriage decisions and schooling investments relate to cultural and religious intragroup … intergenerational transmission of cultural traits to children through marriage. In addition, the benefit of a higher level of education …

among the decisions on marriage, fertility and divorce. …This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit … the effects of policy variables such as the costs of divorce and post-divorce income payments on the interrelationships …

Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect … enforceable contract. Separate-property marriage may reduce and community-property marriage actually eliminate inefficiency, but …

the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce. …This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit …

the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce …This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit …

more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes. …In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married … just improve the allocation of risk at the individual level, but also have implications for the allocation of risk at the …