college. Marriage, which entails lower separation risk and more equal asset division if separation does occur, provides … insurance to the lower-earning spouse, which facilitates child investment. Using an OLG model of marriage, cohabitation, wealth … accumulation, and educational investments where college completion is risky, we find that insurance through marriage is …

marriage, which entails lower separation risk and more equitable asset division if separation occurs, provides insurance to the …, who are more likely to send their children to college. Using an OLG model of marriage, cohabitation, wealth accumulation …

marital stability. This study analyzes the cost to individuals of various aspects of the marriage penalty tax (MPT) and … thereby how it discourages marriage and how it harms both individuals and society at large. Decline of the family, especially … its harm, we conclude that the MPT should be eliminated from the tax code. Opponents to repealing the marriage penalty …

Policies to promote marriage are controversial, and it is unclear whether they are successful. To analyze such policies …, it is essential to distinguish between a marriage that is created by a marriage-promoting policy (marginal marriage) and … a marriage that would have been formed even in the absence of a state intervention (average marriage). In this paper, we …