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individuals in the marriage market, we use a search theoretic model of marriage formation and dissolution to examine the effect of … costs not only affect the probability of divorce but also the probability of marriage. Interestingly, to what extent divorce … costs affect the marital status distribution depends on the information regarding the quality of the potential marriage that …
Persistent link: https://www.econbiz.de/10005396042
A woman assessing the wealth of a potential husband may observe some, but not all, of his wealth. She may screen, leading to status consumption and wasteful gift giving. The screening activity is costly not only for the potential husband, but also for the woman, as it reduces the wealth of the...
Persistent link: https://www.econbiz.de/10010398288
There is a positive and significant correlation of many traits, such as age, religion, socioeconomic status, and education, among spouses. Becker (1973) shows that positive assortative matching – which results in a perfect correlation of traits in spouses – is optimal if the traits...
Persistent link: https://www.econbiz.de/10005069541
is used a third of the time. To analyze the Malawian epidemic, a choice-theoretic general equilibrium search model is …
Persistent link: https://www.econbiz.de/10011931955
Is moving to the countryside a credible commitment device for couples? Weinvestigate whether lowering the arrival rate of potential alternative partners bymoving to a less populated area lowers the dissolution risk for a sample of Danishcouples. We find that of the couples who married in the...
Persistent link: https://www.econbiz.de/10011372526
is used a third of the time. To analyze the Malawian epidemic, a choice-theoretic general equilibrium search model is …
Persistent link: https://www.econbiz.de/10011897628
This paper studies match formation and dissolution in frictional marriage markets under labor market uncertainty. We … propose a search model with transferable utility in which ex-ante heterogeneous men and women simultaneously search for … partners in the marriage market and switch between employment and unemployment in the labor market. In the marriage market …
Persistent link: https://www.econbiz.de/10012304704
Do people move to cities because of marriage market considerations? In citiessingles can meet more potential partners … distinction between efficient (cities)and less efficient (non-cities) search markets. One implication of the model is thatsingles …
Persistent link: https://www.econbiz.de/10011343296
This article reviews the developments in frictional matching models from 1990 to 2010, exploring how search frictions … different attacks on the existence of equilibrium required for these search and matching models. …
Persistent link: https://www.econbiz.de/10010604263
Payments at the time of marriage, which are ubiquitous in developing countries, can be substantial enough to impoverish … prompted legislation against them in several jurisdictions. Marriage payments are often a substitute for investment in female …
Persistent link: https://www.econbiz.de/10011420043