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We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we … examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the … decision to marry, and on the choice of game conditional on marriage. We find that, in the absence of social stigma or legal …
Persistent link: https://www.econbiz.de/10008558938
We derive the behavioural implications of legislation on the subject of marriage, divorce, de-facto unions, domestic … children more or less equally between them. The other is that the sign of the cross-country correlation between fertility and …
Persistent link: https://www.econbiz.de/10005187658
In a separate-property jurisdiction, marriage may induce domestic cooperation, and enhance efficiency in the production … when the children will no longer be economically dependent on them. In a community-property jurisdiction, marriage will … on the divorce rate. In a separate-property jurisdiction, it will encourage marriage, and induce more married women to …
Persistent link: https://www.econbiz.de/10011220520
In a separate-property jurisdiction, marriage may induce domestic cooperation, and enhance efficiency in the production … when the children will no longer be economically dependent on them. In a community-property jurisdiction, marriage will … on the divorce rate. In a separate-property jurisdiction, it will encourage marriage, and induce more married women to …
Persistent link: https://www.econbiz.de/10008828348
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect … enforceable contract. Separate-property marriage may reduce and community-property marriage actually eliminate inefficiency, but …
Persistent link: https://www.econbiz.de/10010732344
Estimating saving and fertility simultaneously by the VAR method, we find that social security cover has a positive … effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was …, the negative effect of social security on fertility tends to erode the system’s own contributory base, because it reduces …
Persistent link: https://www.econbiz.de/10005187673
In this paper, I attempt to explain a number of facts, adverse to women, without assuming that the latter are discriminated against in the labour market, that mothers love children more fathers, or that parents treat sons better than daughters. Nor do I assume that individual behaviour is...
Persistent link: https://www.econbiz.de/10005187664
Decisions concerning marriage, fertility, participation, and the education of children are explained using a two … assignment of property rights over total goods and assets acquired within marriage, (iii) enforceability of bride-price contracts … fertility and female labour market participation, negative until the mid-1970s, has turned positive where developed, but not …
Persistent link: https://www.econbiz.de/10005406405
The paper develops a theoretical framework, and a diagrammatic apparatus, for explaining the supply of child labour. It examines the effect of credit, insurance, and poverty (defined as more than just low income). It also explains bonded child labour, a modern form of slavery closely associated...
Persistent link: https://www.econbiz.de/10005763893
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10008632739