mothers than for single mothers. We show that this increases the number of single mothers and the divorce rate. Using survey …

risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria diering not only in divorce rates but also in the role of marriage in providing informal insurance …

: divorce has been introduced, and the number of marriages has decreased. We suggest that a taboo against divorce was part of … popular. We further notice that divorce is an extremely costly process, and once allowed it may act as an independent reason … subjectively evaluate the probability of facing a divorce using an availability heuristic. …

This paper presents an inter-temporal model of individual behavior with uncertainty about marriage and divorce and … higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of …

-stage game-theoretical model. The paper examines the effects of (i) family law (cost of obtaining a divorce, alimony …

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 …. Symmetry in education (both spouses receive an equal amount of education) then acts like an insurance device in case of divorce …

in their marriages and with their family life, and are not only the least likely to divorce, but have had the biggest … decrease in divorce since the 1970s compared to women without a college degree. In contrast, there have been fewer changes in …

changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor …

conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability … individuals who are initially not employed respond more to high local unemployment rates by starting businesses than wage … influences resulting in higher levels of business creation. Using the regression estimates for the local unemployment rate …