We investigate the importance of economic factors in young Americans’ decisions to form and dissolve households. We adopt a search theoretic framework to analyse the decisions to: leave the parental home; form a marriage or partnership; and dissolve a marriage or partnership. We focus, in...

This paper discusses the impacts of a range of economic and social policies on family and household formation and dissolution, with particular reference to Great Britain. While this focus was suggested by the author's familiarity with developments in the United Kingdom, it also represents a...

The relationship between our general equilibrium model with multimember households and club models with multiple private goods is investigated. The main distinction in the definitions consists of the equilibrium concepts. As a rule, competitive equilibria among households where no group of...

Despite the relevance of cognitive and non-cognitive skills for professional success, their formation is not yet fully understood. This study fills part of this gap by analyzing the role of sports club participation, one of the most popular extra-curricular activities, on children’s skill...

We study the incentives of parents to invest in their children when these investments improve their marriage prospects, in a frictionless marriage market with non-transferable utility. Stochastic returns to investment eliminate the multiplicity of equilibria that plagues models with...

Women born in 1935 went to college significantly less than their male counterparts and married women's labor force participation (LFP) averaged 40% between the ages of thirty and forty. The cohort born twenty years later behaved very dierently. The education gender gap was eliminated and married...

Norwegian registry data is used to investigate the location decisions of a full population cohort of young adults as they complete their education, establish separate households and form their own families. We find that the labor market opportunities and family ties of both partners affect these...

Societies are characterized by customs governing the allocation of non-market goods such as marital partnerships. We explore how such customs affect the educational investment decisions of young singles and the subsequent joint labour supply decisions of partnered couples. We consider two...