loss of spousal love; (b) loss of spousal love is associated with loss of overall happiness; but (c) presence of children … but do not reduce reported happiness even though spousal love induces happiness, then it must be the case that children … that loss of spousal love is compensated with altruistic feelings towards children. -- children ; happiness ; emotions …

formulate and structurally estimate a dynamic life-cycle model of endogenous marriage and labor supply decisions in a collective … framework. We establish that the education gap at the time of marriage, produces dynamic effects due to human capital … only slightly affected by assortative matching. …

, marriage raises wages and job stability. To project the sequential effects linking job stability, marital status, and earnings …, we simulate the impacts of shocks that raise preferences for marriage and that increase education. Feedback effects cause … the simulated wage gains from marriage to cumulate over time, indicating that long-run marriage wage premiums exceed …