Inspired by the work of Becker, economists have produced a voluminous literature on divorce. This is almost completely devoid of any reference to macroeconomic effects. The bulk of it examines the determinants of separation. This paper explores one such macroeconomic effect; the impact of...

The standard approach to seasonality uses quarterly data and shift dummies to allow for intercept variation. The model presented here includes a distinct festive dummy and is thus more precise

Using a sample of individuals that consumed both the book and movie versions of some cultural experience goods, we investigated the precedence and the preference for a particular version. The likelihood of consuming a version increases as information about that version increases. The preference...