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We study a setting with search frictions in the marriage market and with incomplete contracting inside the family …, because he may dislike the implicit income redistribution implied by marriage. Redistributive income taxation may ease this … taxation is shown both to further and stabilize marriage. …
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We suggest a family bargaining model where human capital investment decisions are made non-cooperatively in a first …
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We suggest a family bargaining model where human capital investment decisions are made non-cooperatively in a first … as the fall back. Several authors have claimed that non-cooperative behaviour is a more appropriate fall back in family …
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What one does not know, in the form of unobserved heterogeneity, can mislead one in empirical estimates. A simple model of intrahousehold allocations illustrates the possible importance of unobserved factors such as abilities in determining human resources and their impacts. The author reviews...
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Income disparities and the intra-family redistribution implied by a marriage may induce a high-income earner to abstain … eases this problem, and the design of marriage matching institutions interacts with this role of redistributive taxation …
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