One of the most persistent socioeconomic phenomena in the process of family formation is the relatively low rate of marriage by black men and women. The enduring conventional wisdom has been that low black marriage rates reflect a relative shortage of marriageable black men. Yet numerous studies...

Research in the economics of the family has established that economic incentives play a significant role in the process of marriage formation and dissolution. This paper distinguishes between two aspects of husbands’ earnings in the process of divorce. On one hand, measured earnings might...