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Children can be considered as a marriage-specific investment that increases the value of the marriage, making a divorce …, for the United States, to investigate the relation between fertility and marriage instability. In our model of marriage … children conceived during first marriage. Our results indicate that the presence of children significantly reduces the …
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divorce rates. We ask whether making divorce easier affected the educational structure of marriage. Based on marriage and … divorce certificate data covering 1970-1988, we provide new evidence on the evolution of the educational structure of marriage …There is evidence that the introduction of unilateral divorce legislation (UDL) starting in the late 1960s increased US …
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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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male wage inequality on her local marriage market - the more heterogeneous potential future mates are in terms of earnings … education but the other one does not. Because of the high degree of assortative matching according to education on the marriage … one, they have the most to gain from divorcing and going back to the marriage market. This incentive becomes stronger if …
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