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...

This paper develops a quantitative life-cycle model to study the increase in married women's labor force participation (LFP). We calibrate the model to match key life-cycle statistics for the 1935 cohort and use it to assess the changed environment faced by the 1955 cohort. We find that a higher...

During the 1970s the US underwent an important change in its divorce laws, switching from mutual consent to a unilateral divorce regime. Who benefitted and who lost from this change? To answer this question we develop a dynamic life-cycle model in which agents make consumption, saving, labor...

The paper provides regression analysis of data on registration of orphans in Russian regions in 1999–2006. The purpose of analysis is to understand what factors — cultural, economic, political and, maybe, some else — influence the quantity of orphans yearly recorded in Russian regions. The...

Does availability of common law marriage (CLM henceforth) in the U.S help explain variation in the labor force participation, hours of work and hours of household production of men and women over time and across states? As CLM offers more legal protection to household producers at the margin...

This paper examines the effect of exposure to a culture of easier divorce as a minor on generalized trust using the General Social Survey from 1973-2010. The easier divorce culture is defined as the introduction of no-fault including unilateral divorce reforms across the US. According to the...

This paper examines the causal effects of a major change in the German parental leave benefit scheme on fertility. I use the unanticipated reform in 2007 to assess how a move from a means-tested to an earnings-related benefit affects higher-order births. By using the German Mikrozensus 2010, I...

This paper examines the effect of divorce law reforms on fertility using the history of legislation on divorce across Europe. Because the introduction of more liberal divorce laws permanently reduces the value of marriage relative to divorce, these permanent shocks should also affect the...

This report provides quantitative and qualitative measures of the impact of same-sex marriage on Hawai`iÕs economy and government. We find that marriage equality is likely to lead to substantial increases in visitor arrivals, visitor spending, and state and county general excise tax revenues....

The family is a biological reality achieved by the union of man and woman, and procreation. The model of the European family has its origins in the old Indo-European relative system, which founded marriage as its main source. From Roman antiquity up to present, we can observe and state that the...