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Let a society’s unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...
Persistent link: https://www.econbiz.de/10009127070
post marriage investment indicates that the spouse with the comparative advantage in investment will increase his …/her investment in human capital after his/her marriage, whereas the other spouse will decrease it. The more efficient investment due … to marriage enables the achievement of a Pareto improvement …
Persistent link: https://www.econbiz.de/10013317437
Let a society’s unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...
Persistent link: https://www.econbiz.de/10014179243
We show that Bertrand et al.'s (QJE 2015) finding of a sharp drop in the relative income distribution within married couples at the point where wives start to earn more than their husbands is unstable across different estimation procedures and varies across contexts. We apply the estimators by...
Persistent link: https://www.econbiz.de/10014236403
increased resource inequality among men. We propose a theory, within the framework of a matching model of marriage, in which, in … externalities that increase the presence of pair-bonding hormones. Within marriage, hormone levels contribute to the formation of … lifetime fertility. Multiple equilibria in terms of the dominant form of marriage (for example, polygyny or monogamy) are …
Persistent link: https://www.econbiz.de/10003762687
Persistent link: https://www.econbiz.de/10003763072
possible intellectual influences on Becker's theory of marriage, compares Becker's research on marriage with that of some …This paper describes Gary Becker's theoretical models of marriage. At the micro-level, these are all rational choice … models. At the market level, Becker offers two major types of models: partial equilibrium models based on Price Theory as …
Persistent link: https://www.econbiz.de/10003850161
. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of … marriage markets will naturally tend to be hypergamous - that is, a marriage is more likely to be beneficial to both parties … goes up. The model sheds light on how marriage affects the returns to human capital for men and women. Absent marriage …
Persistent link: https://www.econbiz.de/10003901742
specifications can be treated as a case of horizontal heterogeneity only. -- Matching ; Horizontal Differentiation ; Marriage Markets …
Persistent link: https://www.econbiz.de/10008905990
examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the … cooperation. -- Gender ; cohabitation ; marriage ; divorce ; alimony ; matrimonial property ; fertility ; division of labour …We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we …
Persistent link: https://www.econbiz.de/10003926729