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marriage does not appear to translate into economic protection. …
Persistent link: https://www.econbiz.de/10009627598
; first-time home-buyers ; marriage ; income risk …
Persistent link: https://www.econbiz.de/10003871276
– transfers from the groom to the bride’s parents at marriage. We develop a simple model in which households are exposed to income …
Persistent link: https://www.econbiz.de/10011533733
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 …
Persistent link: https://www.econbiz.de/10011533736
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 …
Persistent link: https://www.econbiz.de/10010412294
estimate a life-cycle model of marriage, labor supply and divorce under limited commitment to better understand the mechanisms …
Persistent link: https://www.econbiz.de/10011817475
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 …
Persistent link: https://www.econbiz.de/10012209877