Pallage, Stephane; Robe, Michel; Zimmermann, Christian - Society for Economic Dynamics - SED - 2006
Through marriage, individuals can share some risks that would otherwise be uninsurable. In this paper, we ask how much … idiosyncratic income risk can be diversified away through marriage contracts alone versus how much risk there remains for public … agents and intra-household negociation. Individuals differ in gender, accumulated wealth, as well as employment and marriage …