To analyze the impact of changes in the value of marriage on household decisions, we present a limited commitment … changes in the value of marriage due to a housing price shock have an asymmetric impact on individual welfare both across …

Do individuals divorce for economic reasons? Can we measure the attractiveness of new matches in the marriage market … model of the household with consumption, production and revealed preference conditions for stability on the marriage market …. We define marital instability in terms of the consumption gains to remarrying another individual in the same marriage …

's marriage market? We answer these questions using a structural model of consumer-producer households that is applied to rich … data from Malawi. Using revealed preference conditions for a stable marriage market, we define the economic attractiveness … the value of consumption and leisure in the current marriage. We estimate this marital instability measure for every …

or region of residence) operate on the same marriage market and are characterized by a homogeneous consumption technology … consumption level in case of marriage dissolution or spousal death. …