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Economics of marriage and divorce

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  • Steven Stern

    ()

  • Leora Friedberg

    ()

Abstract

In order to understand these ideas, we have to develop a model of both marriage and divorce (or, in other words, a model that allows for changes over time in the utility from marriage). In this chapter, we will set the stage for this analysis by discussing trends in marriage and divorce in Section 1. The major changes in matrimonial patterns in North America and Europe that we will highlight serve as a backdrop for the analysis we will introduce in the rest of the chapter. Then, to keep things simple, we will discuss separately the gains from marriage versus living together (Section 2), the reasons why people marry (Section 3), the nature of decision-making within marriage (Section 4), and the nature of the decisions to marry and to divorce (Section 5).

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File URL: http://www.virginia.edu/economics/RePEc/vir/virpap/papers/virpap399.pdf
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Bibliographic Info

Paper provided by University of Virginia, Department of Economics in its series Virginia Economics Online Papers with number 399.

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Length: 31 pages
Date of creation: 2005
Date of revision:
Handle: RePEc:vir:virpap:399

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Web page: http://www.virginia.edu/economics/home.html

Related research

Keywords: marriage; divorce;

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  1. Browning, Martin & Francois Bourguignon & Pierre-Andre Chiappori & Valerie Lechene, 1994. "Income and Outcomes: A Structural Model of Intrahousehold Allocation," Journal of Political Economy, University of Chicago Press, vol. 102(6), pages 1067-96, December.
  2. Allen, Douglas W., 1998. "No-fault divorce in Canada: Its cause and effect," Journal of Economic Behavior & Organization, Elsevier, vol. 37(2), pages 129-149, October.
  3. Leora Friedberg, 1998. "Did Unilateral Divorce Raise Divorce Rates? Evidence from Panel Data," NBER Working Papers 6398, National Bureau of Economic Research, Inc.
  4. Steven Stern & Michael J. Brien & Lee A. Lillard, 1999. "Cohabitation, Marriage, and Divorce in a Model of Match Quality," Virginia Economics Online Papers 322, University of Virginia, Department of Economics.
  5. Weiss, Yoram & Willis, Robert J, 1985. "Children as Collective Goods and Divorce Settlements," Journal of Labor Economics, University of Chicago Press, vol. 3(3), pages 268-92, July.
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