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Modeling Marital Connections among Family Lines

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  • Laitner, John

Abstract

This paper examines the role of marital connections in models of intertemporal household behavior. Recent work by B. Douglas Bernheim and Kyle Bagwell (1988) implies that such connections might vastly expand the scope of neutrality results. The present work studies several formulations including not only marriage but also descriptions of how people choose spouses. Purposeful choices lead to assortative mating. All versions of the framework tend to lead away from cross-sectional neutrality results. The analysis suggests that one may be able to derive a solution for a parthenogenetic model and then interpret it as consistent with Nash equilibrium behavior in a world with marriage. Copyright 1991 by University of Chicago Press.

Suggested Citation

  • Laitner, John, 1991. "Modeling Marital Connections among Family Lines," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1123-1141, December.
    • Handle: RePEc:ucp:jpolec:v:99:y:1991:i:6:p:1123-41
    DOI: 10.1086/261794
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    Citations

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    Cited by:

    1. Renaud Bourlès & Yann Bramoullé & Eduardo Perez-Richet, 2021. "Altruism and Risk Sharing in Networks," Journal of the European Economic Association, European Economic Association, vol. 19(3), pages 1488-1521.
    2. repec:hal:wpspec:info:hdl:2441/cpem82ltk8fgprl50i20pgomf is not listed on IDEAS
    3. Zhang, Junsen, 1994. "Bequest as a Public Good within Marriage: A Note," Journal of Political Economy, University of Chicago Press, vol. 102(1), pages 187-193, February.
    4. Mauro Baranzini, 2005. "Modigliani's life-cycle theory of savings fifty years later," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 58(233-234), pages 109-172.
    5. Robinson, James A. & Srinivasan, T.N., 1993. "Long-term consequences of population growth: Technological change, natural resources, and the environment," Handbook of Population and Family Economics, in: M. R. Rosenzweig & Stark, O. (ed.), Handbook of Population and Family Economics, edition 1, volume 1, chapter 21, pages 1175-1298, Elsevier.
    6. Laitner, John, 2001. "Secular Changes in Wealth Inequality and Inheritance," Economic Journal, Royal Economic Society, vol. 111(474), pages 691-721, October.
    7. Nesje, Frikk, 2020. "Cross-dynastic Intergenerational Altruism," Working Papers 0678, University of Heidelberg, Department of Economics.
    8. Anderson, Gordon & Leo, Teng Wah, 2013. "An empirical examination of matching theories: The one child policy, partner choice and matching intensity in urban China," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 468-489.
    9. Matthias Doepke & Michèle Tertilt, 2009. "Women's Liberation: What's in It for Men?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(4), pages 1541-1591.
    10. Richard Cornes & Jun-ichi Itaya & Aiko Tanaka, 2012. "Private provision of public goods between families," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(4), pages 1451-1480, October.
    11. Luisa Fuster, 1999. "Is Altruism Important for Understanding the Long-Run Effects of Social Security?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(3), pages 616-637, July.
    12. Mauro Baranzini, 2005. "Modigliani's life-cycle theory of savings fifty years later," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 58(233-234), pages 109-172.
    13. Laitner, John & Juster, F Thomas, 1996. "New Evidence on Altruism: A Study of TIAA-CREF Retirees," American Economic Review, American Economic Association, vol. 86(4), pages 893-908, September.
    14. John Laitner, 2001. "Wealth Accumulation in the U.S.: Do Inheritances and Bequests Play a Significant Role?," Working Papers wp019, University of Michigan, Michigan Retirement Research Center.
    15. Renaud Bourlès & Yann Bramoullé & Eduardo Perez-Richet, 2018. "Altruism and Risk Sharing in Networks," Working Papers halshs-01943862, HAL.
    16. repec:hal:spmain:info:hdl:2441/cpem82ltk8fgprl50i20pgomf is not listed on IDEAS
    17. Renaud Bourlès & Yann Bramoullé & Eduardo Perez-Richet, 2018. "Altruism and Risk Sharing in Networks," SciencePo Working papers halshs-01943862, HAL.
    18. Chade, Hector, 2001. "Two-sided search and perfect segregation with fixed search costs," Mathematical Social Sciences, Elsevier, vol. 42(1), pages 31-51, July.
    19. John Laitner, 2001. "Modeling the Macroeconomic Implications of Social Security Reform," Working Papers wp015, University of Michigan, Michigan Retirement Research Center.

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