Consider an economy populated by males and females, both rich and poor. The society has to choose one of the following marriage institutions: polygyny, strict monogamy, and serial monogamy (divorce and remarriage). After having identified the conditions under which each of these equilibria...

By means of examples that pertain to individual, family, and community contexts, it is shown that migration between locations is compatible with a zero expected net earnings differential between locations. The examples give rise to testable predictions that differ sharply from the predictions...

Der neue Nationalismus in Afrika und anderswo unterscheidet sich in Ursachen und Auswirkungen wesentlich von dem nationaler Unabhängigkeitsbewegungen der 1960er Jahre. Anders als der erste Nationalismus setzt der zweite weniger auf Einschluss denn auf Ausschluss von Bevölkerungsgruppen;...

Much has been written on the relationship of China and Africa in the past decade. However, the subject of Chinese migrant entrepreneurs in Africa and their articulation with African counterparts was little explored up to the early 2010s. Apparently, this research gap has been closed, as shown by...

Recent reflections on development policy have tried to eliminate the weak points in the economically oriented development theories which have dominated development planning up to now, and the traditional modernisation theories complementary to them. The propagation of strategies geared towards...

We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply and home production. We characterize the steadystate equilibrium when exogenous divorce is the only source of risk. We study nonparametric identification using cross-section data on...

We study a partnership that anticipates its possible dissolution. In our model, partnerships form in order to take advantage of complementary skills; although new opportunities may arise that make partners? skills useless. We characterize the optimal, incentive-compatible partnership contract...

This paper develops a model of child custody based on an incomplete-contract approach to the allocation of property rights. Because of the presence of transaction costs in marriage, altruistic parents cannot contract upon the investments they make into their children, but can reduce the...

In this paper we derive an explicit model of negotiations between spouses when utility is (partially) transferable only in case of separation. We show that inefficient separation may occur in equilibrium even under consensual divorce law. This provides theoretical support for the view that...

We model the bargaining process of parents over custody at the time of divorce. First we assume an institutional setting where only sole custody is available. In a second step we reform this institutional setting and introduce the possibility of joint custody. We show that some parents, who...