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The present paper quantifies the economic consequences of eliminating the system of income splitting in Germany. We apply a dynamic simulation model with overlapping generations where single and married agents have to decide on labor supply and homework facing income and lifespan risk. The...
Persistent link: https://www.econbiz.de/10013076397
The present paper quantifies the economic consequences of eliminating the system of income splitting in Germany. We apply a dynamic simulation model with overlapping generations where single and married agents have to decide on labor supply and homework facing income and lifespan risk. The...
Persistent link: https://www.econbiz.de/10010877915
we argue that this significantly affects their marriage prospects with whites. We provide empirical support for this …
Persistent link: https://www.econbiz.de/10013134170
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
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 …: the raising age of marriage, the prevalence of assortative mating and the common occurrence of divorce in the early years …
Persistent link: https://www.econbiz.de/10012776387
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 … marriage market, male reservation wages linked to productivities do affect the resulting assortative matching structure, and …
Persistent link: https://www.econbiz.de/10012951554
The empirical literature addressing links between the labor and marriage markets is numerous. Despite this, the …-Coles (1997) do not apply for a marriage market linked to this labor market and discuss the consequences of this …
Persistent link: https://www.econbiz.de/10012951689
We document contemporaneous differences in the aggregate labor supply of married couples across 17 European countries and the US. Based on a model of joint household decision making, we quantify the contribution of international differences in non-linear labor income taxes and consumption taxes...
Persistent link: https://www.econbiz.de/10012962113