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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
marriage. Simultaneity problems common to the literature are overcome by using dowry to proxy for bargaining position. Omitted … variable bias is addressed by using grain shocks in the year preceding marriage and sibling sex composition as instruments for …
Persistent link: https://www.econbiz.de/10014075431
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
This study shows that entering into a cohabiting partnership leads to long lasting earnings losses for women, even after accounting for the impact of child penalties. While 2 ⁄3 of the total effect of cohabitation is due to partnered women having higher fertility than unpartnered women, an...
Persistent link: https://www.econbiz.de/10014439447
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 …
Persistent link: https://www.econbiz.de/10011399734
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 differing not only in divorce rates but also in the role of marriage in providing informal insurance …
Persistent link: https://www.econbiz.de/10013320806
This paper studies how spousal bargaining power affects consumption patterns of married households in the US, using a detailed barcode-level dataset. We use two distribution factors as proxies for spousal bargaining power: (1) spouses’ relative education and (2) spouses’ relative potential...
Persistent link: https://www.econbiz.de/10013292547
This paper considers the association between intra-household resource allocation and couple financial hardships in Australia. It develops and estimates a collective household model of expenditures on individual-specific necessities and hardship reporting where each partner has a distinct utility...
Persistent link: https://www.econbiz.de/10012372920
This paper considers the association between intra-household resource allocation and couple financial hardships in Australia. It develops and estimates a collective household model of expenditures on individual-specific necessities and hardship reporting where each partner has a distinct utility...
Persistent link: https://www.econbiz.de/10012321838