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This note is a rejoinder to Marjorie B. McElroy and Mary Jean Horney's (1990) reply. It discusses the scope of McElroy and Horney's previous results, and the possibility of estimating a Nash-bargained model from independent observation of threat points. Copyright 1991 by Economics Department of...
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Modern marriage markets display increasing turnover, with less marriage but more divorce and remarriage. As a consequence, a large number of children live in single-parent and step-parent households. We summarize here a general equilibrium approach that allows welfare evaluations. In the absence...
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