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) use of marriage is affected by the possibility of divorce. -- post-marital education ; marriage contract ; divorce …This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk …
Persistent link: https://www.econbiz.de/10009674949
This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …
Persistent link: https://www.econbiz.de/10013096466
This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …
Persistent link: https://www.econbiz.de/10013315829
This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …
Persistent link: https://www.econbiz.de/10010291461
income. They have the option of unilateral divorce and subsequent remarriage. Through this channel, the marriage market …This paper develops a model that combines intra-household bargaining with competition on the marriage market to analyse … marriage market into a significantly larger share of household income. Hence, men's incentive to invest in education decreases …
Persistent link: https://www.econbiz.de/10009310256
I model how agents' marriage decisions and schooling investments relate to cultural and religious intragroup … intergenerational transmission of cultural traits to children through marriage. In addition, the benefit of a higher level of education …
Persistent link: https://www.econbiz.de/10012847234
among the decisions on marriage, fertility and divorce. …This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit … the effects of policy variables such as the costs of divorce and post-divorce income payments on the interrelationships …
Persistent link: https://www.econbiz.de/10010363961
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect … enforceable contract. Separate-property marriage may reduce and community-property marriage actually eliminate inefficiency, but …
Persistent link: https://www.econbiz.de/10010227229
the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce. …This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit …
Persistent link: https://www.econbiz.de/10009383572
the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce …This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit …
Persistent link: https://www.econbiz.de/10013117792