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asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
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asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013175695
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This paper shows how a shorter fecundity horizon for females (a biological constraint) leads to age and educational disparities between husbands and wives. Empirical support is based on data from a natural experiment commencing before and ending after China's 1980 one-child law. The results...
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household they live in: some agents live alone while others live with their spouses as a family. Our exercise is motivated by …
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