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risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria diering not only in divorce rates but also in the role of marriage in providing informal insurance …
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changes in divorce costs on marital dissolution. Each individual who has a nontransferable expected utility about the quality … of each potential marriage decides whether to marry or to remain single at the beginning of the first period. Individuals … whether to stay married or to unilaterally divorce. We show that, for any society, there exist matching environments where the …
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-selection behavior within marriages. China's 2001 divorce reform liberalized divorce in favor of women and secured women's property … rights after separation. We use this improvement in women's bargaining power in marriage for a regression discontinuity …
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