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The Rise and Fall of Divorce - A Sociological Adjustment of Becker’s Model of the Marriage Market

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Author Info

  • Signe Hald Andersen

    ()
    (Rockwool Foundation Research Unit)

  • Lars GÅrn Hansen

    ()
    (Institute of Food and Resource Economics, University of Copenhagen)

Abstract

Despite the strong and persistent influence of Gary Becker’s marriage model, the model does not completely explain the observed correlation between married women’s labor market participation and overall divorce rates. In this paper we show how a simple sociologically inspired extension of the model realigns the model’s predictions with the observed trends. The extension builds on Becker’s own claim that partners match on preference for partner specialization, and, as a novelty, on additional sociological theory claiming that preference coordination tend to happen subconsciously. When we incorporate this aspect into Becker’s model, the model provides predictions of divorce rates and causes that fit more closely with empirical observations.

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File URL: http://okonomi.foi.dk/workingpapers/WPpdf/WP2010/WP_2010_04_rise_and_fall_divorce.pdf
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Bibliographic Info

Paper provided by University of Copenhagen, Department of Food and Resource Economics in its series IFRO Working Paper with number 2010/4.

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Length: 42 pages
Date of creation: May 2010
Date of revision:
Handle: RePEc:foi:wpaper:2010_04

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Web page: http://www.ifro.ku.dk/
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Keywords: marriage market;

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  1. Svarer, Michael, . "Determinants of Divorce in Denmark," Economics Working Papers 2002-19, School of Economics and Management, University of Aarhus.
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  1. Becker's marriage market cum sociology
    by Economic Logician in Economic Logic on 2010-07-07 14:36:00

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