In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married … more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes. …

of these custody law reforms on the incidence of marriage and divorce. Our identification strategy exploits the different … data suggest that the introduction of joint custody led to a long-run increase in marriage rates. There is no convincing … dampened the persistent downturn in marriage. Our empirical evidence is fully consistent with the supposition that these …

. Motivated by these observations, we develop a life-cycle model with heterogeneous agents, marriage and divorce and use it to … study the impact of two mechanisms on labor supply: (i) differences in marriage stability and (ii) differences in tax … systems, and as we replace the U.S. divorce and marriage rates with their European equivalents. We find that the divorce and …

– transfers from the groom to the bride’s parents at marriage. We develop a simple model in which households are exposed to income …