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This paper presents a growth model where survival is endogenously determined and the abundance of natural resources affects the returns to labor. In geographic regions where natural resources are initially more abundant and the climate is relatively more hospitable, survival odds are higher....
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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....
Persistent link: https://www.econbiz.de/10014120088
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...
Persistent link: https://www.econbiz.de/10003793353
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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