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male wage inequality on her local marriage market - the more heterogeneous potential future mates are in terms of earnings … education but the other one does not. Because of the high degree of assortative matching according to education on the marriage … one, they have the most to gain from divorcing and going back to the marriage market. This incentive becomes stronger if …
Persistent link: https://www.econbiz.de/10009385407
substantially higher employment (all else equal), which in turn amplifies income inequality across couples. Using NLSY79, we … 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 …
Persistent link: https://www.econbiz.de/10011476887
Children can be considered as a marriage-specific investment that increases the value of the marriage, making a divorce …, for the United States, to investigate the relation between fertility and marriage instability. In our model of marriage … children conceived during first marriage. Our results indicate that the presence of children significantly reduces the …
Persistent link: https://www.econbiz.de/10010229313
Does availability of common law marriage (CLM henceforth) in the U.S help explain variation in the labor force … legal protection to household producers at the margin between single status and marriage, we expect it to discourage labor …
Persistent link: https://www.econbiz.de/10010239260
A woman assessing the wealth of a potential husband may observe some, but not all, of his wealth. She may screen, leading to status consumption and wasteful gift giving. The screening activity is costly not only for the potential husband, but also for the woman, as it reduces the wealth of the...
Persistent link: https://www.econbiz.de/10010379931
among the decisions on marriage, fertility and divorce. …
Persistent link: https://www.econbiz.de/10010363961
We document that, over the 20th century, age at first marriage followed a U-shaped pattern, while the gender education … model where educational and marriage decisions are endogenous. Two key assumptions are made: marriage requires a fixed cost … consistent with our empirical result that exogenous delays in marriage age caused by minimum age laws decreased the educational …
Persistent link: https://www.econbiz.de/10011450348
marriage as well as for a precautionary savings motive. …
Persistent link: https://www.econbiz.de/10011409730
This paper examines the effects of reforms that reduced alimony on matching in the marriage market. Recent literature … reform that reduced the entitlements of eligible spouses and American Community Survey data on marriage and the …
Persistent link: https://www.econbiz.de/10012703134
Marriage and divorce decisions are influenced by the institutional environment they are made in. One example is the … quantify the importance of household-level insurance for marriage and divorce by exploiting an exogenous increase in the need …
Persistent link: https://www.econbiz.de/10012263729