This study investigated the effects of divorce on educational gaps in mothers’ economic resources. The results shed new … light on two opposing theoretical positions that have informed research on social inequality in the consequences of divorce …. Recent extensions of the “diverging destinies” perspective posit that divorce is more consequential among the disadvantaged …

and a temporary random shock to match quality. Couples whose match quality deteriorates may choose to divorce, and this is …, sophisticated couples - but not naive ones - may choose to enter marriage on terms which make divorce more costly to obtain. Third …, the inefficiencies in the behavior of time-inconsistent couples can be completely undone by means of earnings and divorce …