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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 associated with higher savings rates in the presence of economies of …
Persistent link: https://www.econbiz.de/10013139496
the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce …
Persistent link: https://www.econbiz.de/10013117792
This paper describes Gary Becker's theoretical models of marriage. At the micro-level, these are all rational choice … possible intellectual influences on Becker's theory of marriage, compares Becker's research on marriage with that of some … scholars interested in intra-marriage distribution, and documents that Becker's students at Chicago were more interested in …
Persistent link: https://www.econbiz.de/10013160044
suitable alternatives, the taboo was no longer expedient, and was dropped. For the same reasons, marriage has become less …
Persistent link: https://www.econbiz.de/10012771405
necessarily mean that giving money to women is a good development policy. We show that depending on the nature of the production …
Persistent link: https://www.econbiz.de/10013057241
-specific capital over time. At any given point in time, the gains to continued marriage depend on the accumulated stock of this capital …, sophisticated couples – but not naive ones – may choose to enter marriage on terms which make divorce more costly to obtain. Third …-restoring earnings tax is genderneutral and fairly flat with respect to marriage duration. The optimal divorce tax is an inverted …
Persistent link: https://www.econbiz.de/10012985414
We demonstrate that the notion of a “family constitution” (self-enforcing, renegotiation-proof family norm) requiring adults to provide attention for elderly parents carries over from a world where sexually indifferentiated individuals reproduce by cell separation, to one where individuals...
Persistent link: https://www.econbiz.de/10012986656
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect … enforceable contract. Separate-property marriage may reduce and community-property marriage actually eliminate inefficiency, but …
Persistent link: https://www.econbiz.de/10013060466
the separate effects of equal opportunities for women in the labor market and improved contraception on female education … role in explaining the observed rise in female education and employment since the 1960s. But without equal opportunities …
Persistent link: https://www.econbiz.de/10013315643
where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk …. Symmetry in education (both spouses receive an equal amount of education) then acts like an insurance device in case of divorce … particularly when the institutions do not compensate for differences in earnings. But, at the same time symmetry in education is …
Persistent link: https://www.econbiz.de/10013315829