Many social commentators have raised concerns over the possibility that increased sorting in a society can lead to greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility, and marital sorting and parameterize the steady state to...

The share of children living in a two-parent family has declined sharply in the past 40 years, driven by a decline in marriage among parents without a four-year college degree. This paper presents a number of facts about these trends, drawing on US Census data, the Current Population Survey, the...

This paper analyzes cohort marriage patterns in the United States in order to determine whether declining rates of first marriage are due to changes in the timing of marriage, the incidence of marriage, or both. Parametric models, which are well-suited to the analysis of censored or truncated...

This paper analyzes the intertemporal efficiency and optimality of steady states within overlapping-generations models in which the utility of individual working couples , depends on the consumption of their parents and children as well as their own consumption. The analysis considers both a...

In this paper we use data from the Retirement History Survey (RHS) to examine the relationship of some sociodemographic and economic variables to morbidity and mortality. Since the RHS is a longitudinal survey, we are able to study current health conditioned on prior health as well as the more...

This paper examines the appropriate tax treatment of the family in a series of analytical models and numerical examples. For a population of taxpaying couples which differ in earning capacity, we derive the optimal tax rates for each potential earner. These rates depend crucially upon own and...

This paper focuses on the causes of divorce. Section I developsa theoretical analysis of marital dissolution incorporating uncertaintyabout the outcomes of marital decisions into a framework of utilitymaximization and the marriage market. Section II explores the implica-tions of the theoretical...

Within the past few years, renewed interest in understanding marital behavior has resulted in a number of studies which focus on an equation estimating the probability of divorce or remarriage. This paper reports on one such effort. It offers a brief rationale for and an estimation of...

While a large literature is interested in the relationship between family and labor supply outcomes, little is known about the expectations of these objects at earlier stages. We examine these expectations, taking advantage of unique data from the Berea Panel Study. In addition to characterizing...

We develop a model of the household where investments in public goods can be made at the cost of future earnings. If couples cannot commit ex ante to a sufficiently equal post-divorce allocation, specialization and public goods' creation will be sub-optimal. However, investing in joint assets,...