of an efficiency loss. Efficiency can be restored through suitably designed marriage contracts because they can provide …) use of marriage is affected by the possibility of divorce …

. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of … marriage markets will naturally tend to be hypergamous ﾖ that is, a marriage is more likely to be beneficial to both parties … goes up. The model sheds light on how marriage affects the returns to human capital for men and women. Absent marriage …

the same ethnicity. Finally, assortative matching on education in the marriage market suggests that immigrants may be …

by examining the effect of an immigrant's marriage to a native, a measure of social integration, on dropout rates of … high school than immigrants that marry other immigrants. Moreover, gender differences in the effect of marriage to a native … disappear in specifications which control for the endogeneity of the marriage decision …

in marriage and a rise in divorce; (iv) a higher degree of assortative mating; (v) more children living with a single …

post marriage investment indicates that the spouse with the comparative advantage in investment will increase his …/her investment in human capital after his/her marriage, whereas the other spouse will decrease it. The more efficient investment due … to marriage enables the achievement of a Pareto improvement …