We study the problem of unemployment benefit provision when the family is also a provider of social insurance. As a … benchmark, a simple model is presented where risksharing motives govern intra-family transfers and more generous unemployment … benefits, provided by the State, crowd out family risk-sharing arrangements one-forone. The model is then extended to capture …

We study the problem of unemployment benefit provision when the family is also a provider of social insurance. As a … benchmark, a simple model is presented where risk-sharing motives govern intra-family transfers and more generous unemployment … benefits, provided by the State, crowd out family risk-sharing arrangements one-for-one. The model is then extended to capture …

Children can be considered as a marriage-specific investment that increases the value of the marriage, making a divorce … children conceived during first marriage. Our results indicate that the presence of children significantly reduces the … probability of marital disruption. In addition, the younger the children, the greater the deterrent effect. In contrast, we …