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This paper proposes a general equilibrium approach to examine the marriage market and within-household transfers. Using … unidimensional marriage index then I implement a multidimensional matching model to allow for complementarities in characteristics of … find that the marriage market is more efficient for young individuals who are more selective. Finally, I compute the …
Persistent link: https://www.econbiz.de/10014140067
A theory of the economic aspects of the law of marriage. In The Nature of the Firm (1937), Ronald Coase noted that … marriage substitutes non-contractual rules to enforce implicit deals between spouses. Like corporate law, it largely supplants …, if correct, has at least four implications. First, it means that marriage, as a legal relationship, is economically …
Persistent link: https://www.econbiz.de/10014146543
suggests that individuals with a higher preference for marriage also have more traditional views on the division of household …
Persistent link: https://www.econbiz.de/10014102144
This chapter surveys the voluminous literature on household formation and marriage markets in developing countries. We … these factors are particularly important in poor countries, especially in a rural setting. We then focus on marriage, which … polygyny, we introduce bargaining and strategic bequest and discuss their implication for the equilibrium of the marriage …
Persistent link: https://www.econbiz.de/10014024669
the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce …
Persistent link: https://www.econbiz.de/10013117792
: efficiently or inefficiently. Under strong, but standard, assumptions regarding marriage market equilibria, marital sorting … efficient or not. We develop a new likelihood-based metric to compare marriage market fits under the two alternative behavioral …
Persistent link: https://www.econbiz.de/10013073853
This paper considers the relationship between work status and decision-making power of the head of household and his spouse. I use household fixed effects models to address the possibility that spousal work status may be correlated with unobserved factors that also affect bargaining power within...
Persistent link: https://www.econbiz.de/10013052554
rights after separation. We use this improvement in women's bargaining power in marriage for a regression discontinuity …
Persistent link: https://www.econbiz.de/10013052555
so, examine the role of colleges as marriage markets. Using data from Norway to address key identification and … measurement challenges, we find that colleges are local marriage markets, mattering greatly for whom one marries, not because of …
Persistent link: https://www.econbiz.de/10013231651
In the presence of asymmetric information, allocations can only be coordinated to the extent that each can be monitored, and household decision-making may not be fully cooperative. Because this information problem is particularly acute when individuals are not co-resident, I examine households...
Persistent link: https://www.econbiz.de/10014052650