In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married … more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes. …

In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married … more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes. …

We formulate and estimate a dynamic model of marriage, divorce, and remarriage using 27 years of panel data for the … of husbands and wives from their willingness to enter marriage. Education and marriage order are complements in … generating gains from marriage. Educated men and women receive a larger share of the marital gains but this effect is mitigated …

of these custody law reforms on the incidence of marriage and divorce. Our identification strategy exploits the different … data suggest that the introduction of joint custody led to a long-run increase in marriage rates. There is no convincing … dampened the persistent downturn in marriage. Our empirical evidence is fully consistent with the supposition that these …

of these custody law reforms on the incidence of marriage and divorce. Our identification strategy exploits the different … data suggest that the introduction of joint custody led to a long-run increase in marriage rates. There is no convincing … dampened the persistent downturn in marriage. Our empirical evidence is fully consistent with the supposition that these …

In most Western economies, the flourishing of the Welfare State has coincided with a decline of the role of the family … the informal safety net in a period when social protection was provided by the family. Once the State started offering … suitable alternatives, the taboo was no longer expedient, and was dropped. For the same reasons, marriage has become less …

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 …

value of their current match exceeds that of remaining single. If both partners propose, the meeting ends up in a marriage … ages of first-time brides and grooms. We show that modeling the marriage decision in this simple way is sufficient to … previous literature on this topic claims that marriage is a waiting game in which women are choosier than men, and old and rich …

We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we … examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the … decision to marry, and on the choice of game conditional on marriage. We find that, in the absence of social stigma or legal …