Cremer, Helmuth; Pestieau, Pierre; Roeder, Kerstin - 2012
. Symmetry in education (both spouses receive an equal amount of education) then acts like an insurance device in case of divorce … supply elasticity is low. However, it is only a "second-best" solution as the insurance protection is achieved at the expense … the appropriate insurance against divorce to a couple who opts for specialization. Finally, we study how the (economic …