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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/10010227229
We demonstrate that the notion of a "family constitution" (self-enforcing, renegotiation-proof family norm) requiring … family constitutions. …
Persistent link: https://www.econbiz.de/10011488072
-2018 that married women ages 22-30 in marriage markets with greater male wage inequality are more likely to marry up in …
Persistent link: https://www.econbiz.de/10012938963
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
the marriage market after the war. Marriage data from the first wave of the Italian Household Longitudinal Survey (1997 … that here, the shock provided for a more fundamental change in marriage patterns compared to urban, lower-lying, and less … agricultural provinces where marriage markets might have been more flexible to begin with. …
Persistent link: https://www.econbiz.de/10012218983
We analyze equally competitive spouses competing for promotion in their respective workplaces and show that an asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare-superior to the symmetric equilibrium are highlighted. By...
Persistent link: https://www.econbiz.de/10013168051
relative prospects of men may reduce their marriage-market value and affect marital and fertility behavior. …
Persistent link: https://www.econbiz.de/10012652849
joint income taxation of married couples on the marriage rate in Switzerland, where tax differentials between married and … simulated instrumental variable approach, I find a negative impact of joint income taxation on the marriage rate for couples …
Persistent link: https://www.econbiz.de/10013201640
marriage as well as for a precautionary savings motive. …
Persistent link: https://www.econbiz.de/10011409730
This paper considers family formation and reciprocity-based cooperation in the form of sharing of earnings-risk. While … risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria diering not only in divorce rates but also in the role of marriage in providing informal insurance …
Persistent link: https://www.econbiz.de/10011399734