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This paper develops a new equilibrium model of two-sided search where agents have multiple attributes and general payoff functions. The model can be applied to several substantive issues. Here we use it to provide a novel understanding of the separate effects of equal opportunities for women in...
Persistent link: https://www.econbiz.de/10010227223
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/10011488072
marriage as well as for a precautionary savings motive. …
Persistent link: https://www.econbiz.de/10011409730
We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using … marriage market, and affected marital outcomes of individuals whose qualification attainment were unaffected. We also decompose … the difference in marriage probabilities between unqualified individuals and those with basic qualifications into causal …
Persistent link: https://www.econbiz.de/10011990019
Marriage and divorce decisions are influenced by the institutional environment they are made in. One example is the … quantify the importance of household-level insurance for marriage and divorce by exploiting an exogenous increase in the need …
Persistent link: https://www.econbiz.de/10012263729
This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit … the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce. …
Persistent link: https://www.econbiz.de/10009383572
We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partnerś commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...
Persistent link: https://www.econbiz.de/10010189829
Empirical evidence suggests that money in the hands of mothers (as opposed to fathers) increases expenditures on children. From this, should we infer that targeting transfers to women is good economic policy? In this paper, we develop a non-cooperative model of household decision making to...
Persistent link: https://www.econbiz.de/10010250142
of an efficiency loss. Efficiency can be restored through suitably designed marriage contracts because they can provide …) use of marriage is affected by the possibility of divorce. -- post-marital education ; marriage contract ; divorce …
Persistent link: https://www.econbiz.de/10009683129
This paper studies the effect of child care provision on family structure. We present a model of a marriage market with … data from Germany, we also present empirical evidence which is consistent with this finding. -- marriage ; divorce ; single …
Persistent link: https://www.econbiz.de/10009514787