marriage as well as for a precautionary savings motive. …

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 …

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 …

marriage is examined using survival analysis. A search model predicts that, the more risk averse the individual, the shorter … the time to first marriage. The estimates support the theory, indicating that risk aversion significantly affects time to … marriage, with more risk averse respondents marrying sooner than their more risk loving counterparts. Within-family analyses …

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. …