On the State of the Union
AbstractAn ovedapping gencrations model of nlan-iage and divorce is constructed to analyze farnilv structure and intergenerational mobility. Agents diffel- by sex, marital status, and human capitaL Single agents Ineet in a lnalTiage Inarket and decide whether to accept or reject proposab to wed. Manied couples must decide whether to separate or floL Parcnts in"cst in their children depending on theil- wherewithal. A simulated ver'sÍon of the thcorctical PI-ototype can generate an equilihriunl with a significanl nurIlber of feInaleheaded families and a high degree of persistence in inconle across generations. To illllstrate the mooel's nlechanics, (he effects uf two antipo\'erty policies, namely child support and welfare. are illvestigated.
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Bibliographic InfoPaper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/5078.
Length: 246 p.
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Other versions of this item:
- D1 - Microeconomics - - Household Behavior
- D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
- I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
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.:
- Aloysius Siow & Xiaodong Zhu, 1998. "Differential Fecundity and Gender Biased Parental Investment," Working Papers siow-99-03, University of Toronto, Department of Economics.
- Greg Duncan & Saul Hoffman, 1985. "A reconsideration of the economic consequences of marital dissolution," Demography, Springer, vol. 22(4), pages 485-497, November.
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