estimate a life-cycle model of marriage, labor supply and divorce under limited commitment to better understand the mechanisms … (partly due to "banking" benefi ts for future use), a rise in employment, and a decline in divorce rates. We then specify and … of the program. Based on the model, which reproduces the reduced form estimates, we show that among low educated women …

structure between men and women in the UK over the last two decades we estimate a collective labor supply model for married …