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Beyond natural sterility, there are two main types of childlessness: one driven by poverty and another by the high opportunity cost to child-rearing. We argue that taking childlessness and its causes into account matters for assessing the impact of development policies on fertility. We measure...
Persistent link: https://www.econbiz.de/10011265925
Among possible lifestyles, the DINKs (“double income no kids”) are couples choosing to be childless, while the DEWKs (“dually employed with kids”) are couples with children. We develop a theory of marriage and parenthood decisions, where we distinguish the choice to have children from...
Persistent link: https://www.econbiz.de/10011075077
Virtue is modelled as an asset that women can use in the marriage market: since men value virginity in prospective mates, preserving her virtue increases a woman’s chances of marrying a high-status husband, and therefore allows for upward social mobility. Consistent with some historical and...
Persistent link: https://www.econbiz.de/10008505492
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...
Persistent link: https://www.econbiz.de/10010540106
We develop a novel framework to analyze the structural implications of the marriage market for household consumption patterns. We start by defining a revealed preference characterization of efficient household consumption when the marriage is stable. In particular, stability means that the...
Persistent link: https://www.econbiz.de/10010337411
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Persistent link: https://www.econbiz.de/10010350931
We develop a novel framework to analyze the structural implications of the marriage market for household consumption. We define a revealed preference characterization of efficient household consumption when the marriage is stable. Stability means that the marriage matching is individually...
Persistent link: https://www.econbiz.de/10010412294
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume collective households with consumption technologies that define the public and private nature of expenditures through Barten scales. Our method recovers the technology by solely...
Persistent link: https://www.econbiz.de/10011543531
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