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Persistent link: https://www.econbiz.de/10010359148
This paper develops a new equilibrium model of two-sided search where agents have multiple attributes and general payoff functions. The model can be applied to several substantive issues. Here we use it to provide a novel understanding of the separate effects of equal opportunities for women in...
Persistent link: https://www.econbiz.de/10010227223
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
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This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit … among the decisions on marriage, fertility and divorce. …
Persistent link: https://www.econbiz.de/10010363961
Persistent link: https://www.econbiz.de/10011456632
We demonstrate that the notion of a "family constitution" (self-enforcing, renegotiation-proof family norm) requiring adults to provide attention for elderly parents carries over from a world where sexually indifferentiated individuals reproduce by cell separation, to one where individuals...
Persistent link: https://www.econbiz.de/10011488072
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