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, there being more smoking men than smoking women for all education levels, so that smoking women and non-smoking men are in … education among couples with identical smoking habits. Among non-smoking wives those with smoking husbands have on average 0 ….14 fewer years of completed education than those with non-smoking husbands. Finally, and somewhat counterintuitively, we find …
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We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is … revealed ex post and those with poor draws divorce. Competition determines lifetime expected utilities but per-period utilities … depend on the laws that govern the distribution of assets upon divorce. We discuss separately cases in which remarriage is or …
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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 …
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