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The rate at which young women enter managerial /professional occupations began to rise steadily in the early1960s, when oral contraceptives first became available in the US. The fact that young mothers are comparatively rare in these occupations suggests that the advent of more effective...
Persistent link: https://www.econbiz.de/10010554376
We document a negative trend in the leisure of men married to women aged 25-45, relative to that of their wives, and a positive trend in relative housework. We develop a simple bargaining model of marriage, divorce and allocations of leisure-time and housework. Calibration to US data shows the...
Persistent link: https://www.econbiz.de/10005090740
The levels of wealth differ significantly among people who are approaching their retirement both by current marital status as well as by marital histories. We develop an equilibrium model of marriage and divorce and household savings, in which the interplay between endogenous formation and...
Persistent link: https://www.econbiz.de/10011082033
We develop a simple competitive equilibrium model of the marriage market with single mothers and step-families. We then explore the role of trends in relative wages and other observed changes, such as women's wages and contraception technology, in accounting for the evolution of the distribution...
Persistent link: https://www.econbiz.de/10011081534