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In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of … of each potential marriage decides whether to marry or to remain single at the beginning of the first period. Individuals … whether to stay married or to unilaterally divorce. We show that, for any society, there exist matching environments where the …
Persistent link: https://www.econbiz.de/10009754874
This paper studies match formation and dissolution in frictional marriage markets under labor market uncertainty. We … partners in the marriage market and switch between employment and unemployment in the labor market. In the marriage market …
Persistent link: https://www.econbiz.de/10012304704
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We present an equilibrium model of inter-linked frictional labour and marriage markets. In the marital market, men and … (initiated by women) is an option, in an equilibrium with male marriage premium married men have a higher reservation wage than …
Persistent link: https://www.econbiz.de/10014541634
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were married. Cohabitees lose less even after matching on observable characteristics including age and children. This … they are more likely to live with other adults, particularly their family, following separation, even after matching on age … marriage does not appear to translate into economic protection. …
Persistent link: https://www.econbiz.de/10009627598
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We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is … marriage which exactly offsets their higher prospective divorce settlement. When remarriage is possible, more complex effects … could occur: the reform typically alters divorce probabilities and it may affect the total surplus generated by marriage …
Persistent link: https://www.econbiz.de/10003793353
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