) use of marriage is affected by the possibility of divorce …This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk …

formulate and structurally estimate a dynamic life-cycle model of endogenous marriage and labor supply decisions in a collective … framework. We establish that the education gap at the time of marriage, produces dynamic effects due to human capital …

. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of … marriage markets will naturally tend to be hypergamous - that is, a marriage is more likely to be beneficial to both parties … goes up. The model sheds light on how marriage affects the returns to human capital for men and women. Absent marriage …

. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of … marriage markets will naturally tend to be hypergamous ﾖ that is, a marriage is more likely to be beneficial to both parties … goes up. The model sheds light on how marriage affects the returns to human capital for men and women. Absent marriage …

This paper develops a novel model of marital sorting on income potentials: In the marriage market, people are matching … on potential wage growth rates which differ across individuals. Gains from marriage arise from intra …

This paper explores how marriage prospects affect female human capital investments. I exploit a South African legal … variation in marriage propensity. The findings show that these marital gains are generated through a shift in intra …-household bargaining power rather than improving marriage match quality …

In theory, unilateral divorce laws alter the private incentive to invest in human capital by permitting either spouse … less likely to attain a bachelor's degree in states with unilateral divorce laws--especially individuals who were exposed … to the laws when making educational choices and who live in states requiring an even split of assets upon divorce …