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We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we … examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the … decision to marry, and on the choice of game conditional on marriage. We find that, in the absence of social stigma or legal …
Persistent link: https://www.econbiz.de/10010269649
Societies are characterized by customs governing the allocation of non-market goods such as marital partnerships. We explore how such customs affect the educational investment decisions of young singles and the subsequent joint labor supply decisions of partnered couples. We consider two...
Persistent link: https://www.econbiz.de/10010272019
Relationships have changed dramatically in the last fifty years. Fewer couples are marrying, more are cohabiting. Reasons for this shift abound, but the shift may have consequences of its own. A number of models predict that those cohabiting will specialize less than those marrying. Panel data...
Persistent link: https://www.econbiz.de/10014296841
The Current Population Survey is used to investigate effects of Common Law Marriage (CLM) on whether young US … abolished CLM over the period examined. Analysis based on Gary Becker's marriage economics helps explain why CLM affects couple …
Persistent link: https://www.econbiz.de/10010421144
The Current Population Survey is used to investigate effects of Common Law Marriage (CLM) on whether young US … abolished CLM over the period examined. Analysis based on Gary Becker's marriage economics helps explain why CLM affects couple …
Persistent link: https://www.econbiz.de/10010959812
Societies are characterized by customs governing the allocation of non-market goods such as marital partnerships. We explore how such customs affect the educational investment decisions of young singles and the subsequent joint labor supply decisions of partnered couples. We consider two...
Persistent link: https://www.econbiz.de/10005703029
We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we … examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the … decision to marry, and on the choice of game conditional on marriage. We find that, in the absence of social stigma or legal …
Persistent link: https://www.econbiz.de/10008558938
Partner selection is a vital feature of human behavior with important consequences for individuals, families, and society. Hypergamy occurs when a husband’s earning capacity systematically exceeds that of his wife. We provide a theoretical framework that rationalizes hypergamy even in the...
Persistent link: https://www.econbiz.de/10012005886
We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using … marriage market, and affected marital outcomes of individuals whose qualification attainment were unaffected. We also decompose … the difference in marriage probabilities between unqualified individuals and those with basic qualifications into causal …
Persistent link: https://www.econbiz.de/10012005911
We analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a theoretical perspective, the expected sign of the effect is ambiguous. We take advantage of the legalization of divorce in Ireland in 1996 as an exogenous increase in the likelihood of...
Persistent link: https://www.econbiz.de/10005233842