Meghir, Costas; Chiappori, Pierré-Andre; Dias, Monica Costa - National Bureau of Economic Research (NBER) - 2015
We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable … utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and … the labor market. They then match based on the economic value of marriage and on preferences. Equilibrium in the marriage …