with cash transfer policies. It also suggests that in a noncooperative set up, where household members do not share their … financial information, resources tend to be under-allocated in household public goods such as children. …

household member is at risk of losing his/her job, the partner is 30% more likely to enter the labour market (extensive margin …

marriage as well as for a precautionary savings motive. …

of an efficiency loss. Efficiency can be restored through suitably designed marriage contracts because they can provide …) use of marriage is affected by the possibility of divorce. -- post-marital education ; marriage contract ; divorce …

of an efficiency loss. Efficiency can be restored through suitably designed marriage contracts because they can provide …) use of marriage is affected by the possibility of divorce. -- post-marital education ; marriage contract ; divorce …

recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … 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 …

marriage as well as for a precautionary attitude towards risk. - Consumption Insurance ; Marriage …

marriage as well as for a precautionary savings motive …