shocks such as marriage, divorce, and children. Our model generates a wealth profile and a low and stable equity fraction …, while life insurance is mainly purchased by younger men. Our policy simulations imply that eliminating survivor benefits … would sharply reduce claiming differences by sex while dramatically increasing men's life insurance purchases. …

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 …

find that the higher probability of divorce and the changes in wage structure faced by the 1955 cohort are each able to … to change asymmetrically for women versus men. …

. A unified model of marriage, divorce, educational attainment and married female labor-force participation is developed …Marriage has declined since 1960, with the drop being bigger for non-college educated individuals versus college … educated ones. Divorce has increased, more so for the non-college educated vis-à-vis the college educated. Additionally …

, Germany, the Netherlands and the United States, I show that men engage in more routine behavior than women, but only because …

, (ii) an increase in the rate of divorce, and (iii) a decline in the rate of marriage. What can explain this? It is argued … marriage and divorce is developed. Household production benefits from labor-saving technological progress. …

environment faced by the 1955 cohort. We find that a higher divorce probability and changes in wage structure are each able to … explain a large proportion of the LFP increase. Higher divorce risk increases LFP not because the latter contributes to higher … towards the adjustment of marital consumption in the face of increased divorce risk. …