The paper explores the importance of unanticipated house price shocksfor marital dissolution in the UK by using individual household datafrom the British Household Panel Survey and county level house pricedata from the Halifax house price index. Results suggest that positiveand negative house...

Standard theories of household decision making assume that family members have complete information about preferences and are able to reach efficient outcomes. However, partners in intimate relationships may often need to coordinate their choices in the face of incomplete information. To reduce...