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This paper presents an economic growth model where life expectancy is determined endogenously and "collective" bargaining between the wife and the husband forms the basis of household decisions. Since child rearing is more time costly for women, they prefer fewer but more educated offspring....
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We develop a collective household model with spousal matching in which there exists marital gains to assortative matching and marriage quality for each couple is revealed ex post. Changes in alimony laws are shown to affect existing couples and couples-to-be differently. For existing couples,...
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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...
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