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behavioral responses to laws governing the age of marriage using both administrative records from the Vital Statistics and … restrictive laws. Second, many young people appear to have evaded minimum age of marriage laws by misrepresenting age on their … marriage certificate. This avoidance was especially pronounced in earlier years, when few states required documented proof of …
Persistent link: https://www.econbiz.de/10012773178
Since 1950 the sources of the gains from marriage have changed radically. As the educational attainment of women … specialization in work weakened. The primary source of the gains to marriage shifted from the production of household services and … commodities to investment in children. For some, these changes meant that marriage was no longer worth the costs of limited …
Persistent link: https://www.econbiz.de/10013076512
Learning about marriage quality has been proposed as a key mechanism for explaining how the probability of divorce … evolves with marriage duration, and why people often cohabit before getting married. I develop four theoretical models of …, the data is consistent with a model without any learning, but where marriage quality changes over time …
Persistent link: https://www.econbiz.de/10013011093
marriage. We find that marriage rates increase sharply around the time of a move in an event study analysis. Reduced form … exposure analysis reveals that an additional move over a five year period increases the likelihood of marriage by 14 percent …-term intentions. These findings are consistent with a model where the marriage decision is costly and relocation lowers the costs to …
Persistent link: https://www.econbiz.de/10012918242
We use data from the national longitudinal Fragile Families and Child Wellbeing Study to estimate the effect of poor child health on father presence. We look at whether parents live in the same household 12-18 months after the child's birth and also at how their relationships changed along a...
Persistent link: https://www.econbiz.de/10013235264
The last 60 years have seen the emergence of a dramatic socioeconomic gradient in marriage, divorce, cohabitation, and …, are less likely to transition quickly into marriage, and have much higher divorce rates. There are two broad sets of … traditional gender-based specialization have declined, the value of marriage has decreased relative to cohabitation, which offers …
Persistent link: https://www.econbiz.de/10012996879
Using novel microdata, we document an unintended, first-order consequence of the Protestant Reformation: a massive reallocation of resources from religious to secular purposes. To understand this process, we propose a conceptual framework in which the introduction of religious competition shifts...
Persistent link: https://www.econbiz.de/10012945605
We study two parties who desire a smooth trading relationship under conditions of value and cost uncertainty. A rigid contract fixing price works well in normal times since there is nothing to argue about. However, when value or cost is exceptional, one party will hold up the other , damaging...
Persistent link: https://www.econbiz.de/10012759758
Property rights are the most fundamental institution in any society. They determine who has decision-making authority over assets and who bears the costs and benefits of those decisions. They assign ownership, wealth, political influence, and social standing. They make markets possible; define...
Persistent link: https://www.econbiz.de/10012920373
Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free enterprise. The great economists of the 1930s and 1940s...
Persistent link: https://www.econbiz.de/10013239155