A Search Model of Marriage and Divorce
AbstractThis paper analyses long term partnership formation in a marriage market in which individuals continue to search for partners while matched. Individuals prefer relationships which offer more instantaneous utility but they also prefer more stable relationships. A relationship is more stable for one partner if there is less chance that the other partner will leave. An individual is more inclined to leave a relationship which offers less instantaneous utility and less stability. Since both partners are making these evaluations, the stability of the relationship for one companion depends on the stability of the relationship for the other and as such, separation rates are endogenous. It is shown that these feedback effects in search strategies generate a new type of multiple equilibria in which particular matches can be either stable or unstable depending on individuals beliefs. (Copyright: Elsevier)
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Elsevier for the Society for Economic Dynamics in its journal Review of Economic Dynamics.
Volume (Year): 6 (2003)
Issue (Month): 1 (January)
Contact details of provider:
Postal: Review of Economic Dynamics Academic Press Editorial Office 525 "B" Street, Suite 1900 San Diego, CA 92101
Web page: http://www.EconomicDynamics.org/review.htm
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wright, Randall, 1986. "Job Search and Cyclical Unemployment," Journal of Political Economy, University of Chicago Press, vol. 94(1), pages 38-55, February.
- Shimer, R. & Smith, L., 1997.
"Assortative Matching and Search,"
97-2a, Massachusetts Institute of Technology (MIT), Department of Economics.
- Eeckhout, Jan, 1999.
"Bilateral Search and Vertical Heterogeneity,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(4), pages 869-87, November.
- Burdett, Kenneth & Coles, Melvyn G, 1999. "Long-Term Partnership Formation: Marriage and Employment," Economic Journal, Royal Economic Society, vol. 109(456), pages F307-34, June.
- Lones Smith, 2006. "The Marriage Model with Search Frictions," Journal of Political Economy, University of Chicago Press, vol. 114(6), pages 1124-1146, December.
- P. Diamond, 1980.
"Aggregate Demand Management in Search Equilibrium,"
268, Massachusetts Institute of Technology (MIT), Department of Economics.
- Burdett Kenneth & Imai Ryoichi & Wright Randall, 2004. "Unstable Relationships," The B.E. Journal of Macroeconomics, De Gruyter, vol. 1(1), pages 1-44, January.
- Jovanovic, Boyan, 1979.
"Job Matching and the Theory of Turnover,"
Journal of Political Economy,
University of Chicago Press, vol. 87(5), pages 972-90, October.
- Gautier, Pieter A & Svarer, Michael & Teulings, Coen N, 2007.
CEPR Discussion Papers
6170, C.E.P.R. Discussion Papers.
- Pieter A. Gautier & Michael Svarer & Coen N. Teulings, 2007. "Sin City?," Economics Working Papers 2007-01, School of Economics and Management, University of Aarhus.
- Gautier, Pieter & Svarer, Michael & Teulings, Coen, 2007. "Sin City?," IZA Discussion Papers 2632, Institute for the Study of Labor (IZA).
- Pieter A. Gautier & Michael Svarer & Coen N. Teulings, 2007. "Sin City?," Tinbergen Institute Discussion Papers 07-021/3, Tinbergen Institute.
- Pieter A. Gautier & Michael Svarer & Coen N. Teulings, 2007. "Sin City?," CAM Working Papers 2007-01, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics.
- Gil S. Epstein & Renana Lindner Pomerantz, 2012.
"Assimilation through Marriage,"
CReAM Discussion Paper Series
1220, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- Gil S. Epstein & Renana Lindner Pomerantz, 2012. "Assimilation through Marriage," Working Papers 2012-11, Department of Economics, Bar-Ilan University.
- Epstein, Gil S. & Lindner Pomerantz, Renana, 2012. "Assimilation through Marriage," IZA Discussion Papers 6831, Institute for the Study of Labor (IZA).
- Nobuhiro Kiyotaki & Ricardo Lagos, 2006.
"A model of job and worker flows,"
358, Federal Reserve Bank of Minneapolis.
- Ueda, Kenichi, 2013.
"Banks as coordinators of economic growth and stability: Microfoundation for macroeconomy with externality,"
Journal of Economic Theory,
Elsevier, vol. 148(1), pages 322-352.
- Eugenio P. Giolito, 2010.
"On Population Structure and Marriage Dynamics,"
2010 Meeting Papers
1178, Society for Economic Dynamics.
- Giolito, Eugenio P., 2004.
"A Search Model of Marriage with Differential Fecundity,"
IZA Discussion Papers
1082, Institute for the Study of Labor (IZA).
- Eugenio Giolito, 2004. "A Search Model of Marriage with Differential Fecundity," Labor and Demography 0402007, EconWPA.
- Coles, Melvyn & Francesconi, Marco, 2007. "On the Emergence of Toyboys: Equilibrium Matching with Ageing and Uncertain Careers," IZA Discussion Papers 2612, Institute for the Study of Labor (IZA).
- Mario Vozar, 2010. "The Effect of Time in a Multi-Dimensional Marriage Market Model," CERGE-EI Working Papers wp417, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann).
If references are entirely missing, you can add them using this form.