Over most of the twentieth century, the U.S. has witnessed considerable increases in divorce rates. Conventional economic literature believes that married women's entry into market work may have contributed to this by decreasing the gains from marriage arising from specialization between...

Various empirical studies find evidence of that women tend to underestimate the probability that they will work in the market in the future. This can lead to initial under-investment in market human capital and resulting earnings penalties later in life. However, virtually no study investigates...