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This paper is the first of its kind to study utility interdependence in marriage using information on subjective well …
Persistent link: https://www.econbiz.de/10005076542
This paper empirically examines the life-time joint decision problem of marriage, childbearing, and labor force … generally insignificant. Utility gains and losses from marriage are significantly negative if one leaves out financial … of marriage and two children as a typical family unit is negative for women in the labor force. …
Persistent link: https://www.econbiz.de/10005125788
recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … societal, economic, and technological changes in their effects on marriage patterns. A combination of factors is argued to …
Persistent link: https://www.econbiz.de/10005408289
this phenomenon is that wages increase with age and hence older men are more attractive in the marriage market. The …, especially in modern times. This paper shows that a marriage market equilibrium where women marry earlier in life than men can be … average age at first marriage and the pattern of the sex ratio of single men to single women over different age groups mimics …
Persistent link: https://www.econbiz.de/10005408324
This paper examines the interactions between household members’ utilities when deciding whether or not to join the labor market. Using asymptotic least squares, we analyze a sample of 5425 couples living in France in 1997. By comparing the results obtained with more standard methods, we find...
Persistent link: https://www.econbiz.de/10005408344
This study provides a comprehensive examination of the work and family structure incentives of public assistance, focusing on the consequences of state-determined programs. Such an approach allows state policy- makers to understand the tradeoffs implicit in their current program parameters. It...
Persistent link: https://www.econbiz.de/10005413024
Through an investigation of parental motives, this paper examines how parents decide on the allocation of their resources within the family when there are several offspring. From a theoretical viewpoint, inter vivos transfers may be explained either by altruism or by an exchange motive. Though...
Persistent link: https://www.econbiz.de/10005413268
If partners derive utility from joint leisure time, it is expected that they will coordinate their work schedules in order to increase the amount of joint leisure time. This paper tries to answer three questions using a new matching procedure where couples are matched to other couples. (1) Do...
Persistent link: https://www.econbiz.de/10005556767
The consumption literature uses adult equivalence scales to measure individual level inequality. This practice imposes the assumption that there is no within household inequality. In this paper, we show that ignoring consumption inequality within households produces misleading estimates of...
Persistent link: https://www.econbiz.de/10005556802
This paper studies a married couple's dynamic investment and consumption choices under the assumption that the couple cannot commit across time not to renegotiate their decisions. The inefficiencies that can arise are characterized. Efficiency properties of different divorce asset- division...
Persistent link: https://www.econbiz.de/10005561826