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We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010252137
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010252667
Persistent link: https://www.econbiz.de/10011992663
fertility. We highlight four factors that facilitate combining a career with a family: family policy, cooperative fathers …In this survey, we argue that the economic analysis of fertility has entered a new era. First-generation models of … fertility choice were designed to account for two empirical regularities that, in the past, held both across countries and …
Persistent link: https://www.econbiz.de/10013184241
How does a shock to sex ratios affect marriage markets and fertility? I use the drastic change in sex ratios caused by …, the results indicate that male scarcity led to lower rates of marriage and fertility, higher nonmarital births and reduced … bargaining power within marriage for women most affected by war deaths. The impact of sex ratio imbalance on marriage and family …
Persistent link: https://www.econbiz.de/10011521153
We document the effect of unemployment insurance generosity on divorce and fertility using an identification strategy … women's layoffs; reductions in fertility associated with men's layoffs; and increases in fertility associated with women …
Persistent link: https://www.econbiz.de/10013187890
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect credit market. In the presence of credit rationing, efficiency and utility equalization are guaranteed only by a legally enforceable contract. Separate-property marriage may...
Persistent link: https://www.econbiz.de/10010227229
Persistent link: https://www.econbiz.de/10012795310
Persistent link: https://www.econbiz.de/10013256521