We present a model in which investment in schooling generates two kinds of returns: the labor-market return, resulting from higher wages, and a marriage-market return, defined as the impact of schooling on the marital surplus share one can extract. Men and women may have different incentives to...

We construct a structural model of household decision-making and matching and estimate the returns to schooling within marriage. We consider agents with idiosyn- cratic preferences for marriage that may be correlated with education, and we allow the education levels of spouses to interact in...

There is some evidence that children of divorced parents do not perform as well as comparable children in intact families but that this gap declines with the aggregate divorce rate. We develop a model in which the higher expectations for remarriage associated with higher divorce rates can...

Differences among religious communities have motivated—and continue to motivate—many of the deadliest conflicts in human history. But how did political power and organized religion become so thoroughly intertwined? And how have religion and religiously motivated conflicts affected the...