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Will Women Save More than Men? A Theoretical Model of Savings and Marriage
Grossbard, Shoshana Amyra - 2010
This paper presents an inter-temporal model of individual behavior with uncertainty about marriage and divorce and which accommodates the possible presence of economies or diseconomies of scale from marriage. We show that a scenario of higher marriage rates and higher divorce rates will be...
Persistent link: https://www.econbiz.de/10013139496
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Household Relational Contracts for Marriage, Fertility and Divorce
Fahn, Matthias - 2011
This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit, how many children to have and subsequently whether to stay together or separate. We make precise the idea that cooperation in a household can be supported by self interest....
Persistent link: https://www.econbiz.de/10013117792
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How 'Chicagoan' are Gary Becker's Economic Models of Marriage?
Grossbard, Shoshana Amyra - 2009
This paper describes Gary Becker's theoretical models of marriage. At the micro-level, these are all rational choice models. At the market level, Becker offers two major types of models: partial equilibrium models based on Price Theory as taught by Marshall and Friedman and optimal sorting...
Persistent link: https://www.econbiz.de/10013160044
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Social Norms, Cognitive Dissonance and the Timing of Marriage
Balestrino, Alessandro - 2007
We present a model of courtship in which the timing of marriage is affected by the cognitive dissonance between perceived norms and personal aims. We argue that as long as the family has been the main provider of social protection, marriage has been favoured by strongly felt social norms, and...
Persistent link: https://www.econbiz.de/10012776387
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Marriage Premium and Class
Bonilla, Roberto - 2017
We present an equilibrium model with inter-linked labour and marriage markets, and argue that search frictions play an important role in explaining the male marriage premium. If men are viewed as bread-winners within households, this expectation affects their job search behaviour, which in turn...
Persistent link: https://www.econbiz.de/10012951554
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On the Causes and Consequences of Divorce
Balestrino, Alessandro - 2008
In most Western economies, the flourishing of the Welfare State has coincided with a decline of the role of the family: divorce has been introduced, and the number of marriages has decreased. We suggest that a taboo against divorce was part of the informal safety net in a period when social...
Persistent link: https://www.econbiz.de/10012771405
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Does the European Marriage Pattern Explain Economic Growth?
Dennison, T. K.; Ogilvie, Sheilagh - 2021
This paper scrutinizes the recently postulated link between the European Marriage Pattern (EMP) and economic success. A metastudy of the historical demography literature shows that the EMP did not prevail throughout Europe, its three key components did not always coincide, and its more extreme...
Persistent link: https://www.econbiz.de/10013315780
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The Effect of Education on Marital Status and Partner Characteristics : Evidence from the UK
Anderberg, Dan; Zhu, Yu - 2021
This paper uses a particular school exit rule previously in effect in England and Wales that allowed students born within the first five months of the academic year to leave school one term earlier than those born later in the year. Focusing on women, we show that those who were required to stay...
Persistent link: https://www.econbiz.de/10013316196
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Marriage and Consumption Insurance : What's Love Got to Do with it?
Hess, Gregory D. - 2021
This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a "hedge" (i.e., a spouse whose income is negatively correlated with her own) as it raises her...
Persistent link: https://www.econbiz.de/10013320884
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Self-Confirming Immigration Policy
Giordani, Paolo E. - 2012
We study immigration policy in a small receiving economy under self-selection of migrants. We show that a non …-discriminatory immigration policy choice affects and is affected by the migratory decisions of skilled and unskilled foreign workers. From this … interaction multiple equilibria may arise, which are driven by the natives' expectations on the welfare effects of immigration. In …
Persistent link: https://www.econbiz.de/10013108468