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To analyze the impact of changes in the value of marriage on household decisions, we present a limited commitment … changes in the value of marriage due to a housing price shock have an asymmetric impact on individual welfare both across …
Persistent link: https://www.econbiz.de/10014419233
This study investigates how West German spouses have responded by adjusting their time allocation to the alimony reform introduced in 2008. This reform imposed financial self-responsibility after a finalized divorce. It weakened the relative bargaining position of the spouse with a claim for...
Persistent link: https://www.econbiz.de/10011802026
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or for married women. We suggest a marriage market mechanism through which male BMI and earnings are positively related … traits are more relevant in the marriage market than the corresponding male traits. -- Body Size ; Labor Supply ; Earnings … ; Marriage …
Persistent link: https://www.econbiz.de/10008840047
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Legalization of abortion in the 1970s represents a major cultural change: it gives women a higher degree of freedom to directly control their fertility, allowing them to ultimately decide upon children without man's consent and to decrease uncertainty in their expected labor market returns. This...
Persistent link: https://www.econbiz.de/10011591311
to selection into and out of marriage, while the second hinges on insurance transfers taking place within households. We … and life-cycle labor supply, endogenous marriage contracts and the possibility of time transfers between partners. We also … report evidence that the extended model with endogenous marriage contracts can fit divorce patterns observed in Canadian data …
Persistent link: https://www.econbiz.de/10008824514
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We specify and estimate a lifecycle model of consumption, housing demand and labor supply in an environment where individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks, education specific productivity shocks, and catastrophic...
Persistent link: https://www.econbiz.de/10013167646
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