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We document that, over the 20th century, age at first marriage followed a U-shaped pattern, while the gender education … model where educational and marriage decisions are endogenous. Two key assumptions are made: marriage requires a fixed cost … consistent with our empirical result that exogenous delays in marriage age caused by minimum age laws decreased the educational …
Persistent link: https://www.econbiz.de/10011450348
Persistent link: https://www.econbiz.de/10011565915
We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage … then enables us to show that, for each couple, the marriage market generates a unique and maritally sustainable sharing …
Persistent link: https://www.econbiz.de/10010267526
Can households make efficient choices? The fact that cohabitation and marriage are partnerships for joint production … household choices are made efficiently or not, there does not yet exist an attempt to identify the marriage market and household … or spousal endowment inequality is relatively high. Still, when there are equal numbers of men and women in the marriage …
Persistent link: https://www.econbiz.de/10010269220
We document that, over the 20th century, age at first marriage followed a U-shaped pattern, while the gender education … model where educational and marriage decisions are endogenous. Two key assumptions are made: marriage requires a fixed cost … consistent with our empirical result that exogenous delays in marriage age caused by minimum age laws decreased the educational …
Persistent link: https://www.econbiz.de/10011451243
Can households make efficient choices? The fact that cohabitation and marriage are partnerships for joint production … household choices are made efficiently or not, there does not yet exist an attempt to identify the marriage market and household … or spousal endowment inequality is relatively high. Still, when there are equal numbers of men and women in the marriage …
Persistent link: https://www.econbiz.de/10005762001
We develop a model of the household in which spousal incomes are determined by premarital investments, the marriage … then enables us to show that, for each couple, the marriage market generates a unique and maritally sustainable sharing …
Persistent link: https://www.econbiz.de/10005703128
Persistent link: https://www.econbiz.de/10005027244
Persistent link: https://www.econbiz.de/10001752975
Persistent link: https://www.econbiz.de/10002103681