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We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital investments...
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We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital investments...
Persistent link: https://www.econbiz.de/10003115139
Persistent link: https://www.econbiz.de/10002204982
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This paper presents a collective household model in which there are marital gains to assortative spousal matching, individuals face a labor-leisure choice and intra-marital allocations are determined by an endogenous sharing rule that is driven by actual wage earnings. The latter two features of...
Persistent link: https://www.econbiz.de/10014069982
We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative spousal matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital...
Persistent link: https://www.econbiz.de/10014070192
We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital investments...
Persistent link: https://www.econbiz.de/10013318258
We develop a "collective" model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative matching, and a sharing rule forms the basis of intra-household allocations. We identify the properties of the sharing rules...
Persistent link: https://www.econbiz.de/10014090142