; first-time home-buyers ; marriage ; income risk …

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

We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable … utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and … the labor market. They then match based on the economic value of marriage and on preferences. Equilibrium in the marriage …

estimate a life-cycle model of marriage, labor supply and divorce under limited commitment to better understand the mechanisms …

marriage does not appear to translate into economic protection. …

We develop a novel framework to analyze the structural implications of the marriage market for household consumption …. We define a revealed preference characterization of efficient household consumption when the marriage is stable …. Stability means that the marriage matching is individually rational and has no blocking pairs. We characterize stable marriage …

be interpreted through a structural model of the marriage market; in particular, a crucial issue is how they relate to … variations in the economic surplus generated by marriage. We propose a very general criterion of increase in assortativeness, and … US over the last decades, and conclude that assortative matching has increased, particularly at the top of the education …

expected, students who perceive the monetary returns to education to be higher are more likely to intend to continue in full …-time education. However, the main driver is the perceived consumption value, which alone explains around half of the variation of the … intention to pursue higher education. Moreover, the perceived consumption value can account for a substantial part of both the …

The paper estimates the returns to education for a cohort of individuals born in Britain in March 1958 who have been … education, social class and interest shown in the child's education as well as measures of ability. The nature of our data … from measurement error in education qualification variables which have been found to be important in other studies. The …

participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions …. Cognitive and non-cognitive skills of children depend on the cognitive skills and education of parents, and affect education … be used to fund education, supplementing grants, loans and the labor supply of the children themselves during college …