Fernandez, Raquel; Wong, Joyce Cheng - National Bureau of Economic Research (NBER) - 2014
-cycle model in which agents make consumption, saving, labor force participation (LFP), and marriage and divorce decisions subject … mutual consent whereas men would prefer a unilateral system. Once we condition not only on gender but also on initial … productivity, we find that men in the top three quintiles of the initial productivity distribution are made better off by a …