) use of marriage is affected by the possibility of divorce. -- post-marital education ; marriage contract ; 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 …

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 … just improve the allocation of risk at the individual level, but also have implications for the allocation of risk at the …

more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes …. -- risk sharing ; marriage ; divorce ; family law …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 … just improve the allocation of risk at the individual level, but also have implications for the allocation of risk at the …

. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women … societal, economic, and technological changes in their effects on marriage patterns. A combination of factors is argued to …

risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria diering not only in divorce rates but also in the role of marriage in providing informal insurance …This paper considers family formation and reciprocity-based cooperation in the form of sharing of earnings-risk. While …

risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria differing not only in divorce rates but also in the role of marriage in providing informal insurance …This paper considers family formation and reciprocity-based cooperation in the form of sharing of earnings-risk. While …

wherin a state s representative individual may choose to marry in order to diversify his or her idiosyncratic income risk … undiversifiable risk becomes larger, and when a state s initial income and growth rate is lower. A test of the model s predictions …, using cross-sectional data for the 50 U.S. states, suggests that there is broad support for a risk sharing motive for …

We analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a … experience a significant increase in the expected risk of divorce (such as very religious families, or single individuals). Our … results suggest that the increase in the risk of divorce brought about by the law was followed by an increase in the …