This paper presents an inter-temporal model of individual behavior with uncertainty about marriage and divorce and … which accommodates the possible presence of economies or diseconomies of scale from marriage. We show that a scenario of … higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of …

dowries to the groom's side at marriage, but a positive impact in Korea, where, as in China, the groom's side has to bear a … disproportionate share of marriage-related expenses including purchasing a house or condominium for the newlywed couple. …