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I model how agents' marriage decisions and schooling investments relate to cultural and religious intragroup preferences. Men and women's incentives to acquire education and marry change depending on their preferences to marry within their own cultural traits, as marital gains are reinforced by...
Persistent link: https://www.econbiz.de/10012847234
Households are dynamic while most surveys only collect information on individuals who are present at a single point in time. We exploit a unique and thorough household membership enumeration in Burkina Faso to consider the analytical costs of the typical static household roster. We document that...
Persistent link: https://www.econbiz.de/10013147556
I examine the role of family structure and child care subsidies in child skill accumulation. I establishempirically that skill accumulation is more responsive to child care price for one-parentfamilies than for two-parent families. I analyze the effects of child care subsidies in a...
Persistent link: https://www.econbiz.de/10013218628
Concern over the distributional effects of policies which induce changes in peer group structure, or associational redistributions (Durlauf, 1996c), motivates a substantial body of theoretical and empirical research in economics, sociology, psychology, and education. A growing collection of...
Persistent link: https://www.econbiz.de/10014025508
Societies are characterized by customs governing the allocation of non-market goods such as marital partnerships. We explore how such customs affect the educational investment decisions of young singles and the subsequent joint labor supply decisions of partnered couples. We consider two...
Persistent link: https://www.econbiz.de/10013318423
During the first half of the twentieth century, many US states enacted laws restricting women's labor market opportunities, including maximum hours restrictions, minimum wage laws, and night-shift bans. The era of so-called protective labor laws came to an end in the 1960s as a result of civil...
Persistent link: https://www.econbiz.de/10015374195
We propose a unified economic model of sexual exchanges that treats both unpaid and paid sex as outcomes of individual time allocation decisions. Departing from existing literature that separates sex into marital relations or specialized markets, the model incorporates relational skills, gender...
Persistent link: https://www.econbiz.de/10015423252
We develop a rational choice model of sexual exchange that unifies marriage and paid sex, explaining two key facts: the gendered segregation of sex markets and the decline in sexual activity and fertility. Individuals choose whether to engage in paid or unpaid sex based on income, human capital,...
Persistent link: https://www.econbiz.de/10015423353
Relationships have changed dramatically in the last fifty years. Fewer couples are marrying, more are cohabiting. Reasons for this shift abound, but the shift may have consequences of its own. A number of models predict that those cohabiting will specialize less than those marrying. Panel data...
Persistent link: https://www.econbiz.de/10014357520
This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a "hedge" (i.e., a spouse whose income is negatively correlated with her own) as it raises her...
Persistent link: https://www.econbiz.de/10013320884