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Economics of Marital Instability

Author

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  • Gary S. Becker
  • Elisabeth M. Landes
  • Robert T. Michael

Abstract

This paper focuses on the causes of divorce. Section I developsa theoretical analysis of marital dissolution incorporating uncertaintyabout the outcomes of marital decisions into a framework of utilitymaximization and the marriage market. Section II explores the implica-tions of the theoretical analysis with cross-sectional data,primarilythe 1967 Survey of Economic Opportunity and the Terman sample. Therelevance of both the theoretical and empirical analyses in explainingthe recent acceleration in the U.S. divorce rate is discussed.

Suggested Citation

  • Gary S. Becker & Elisabeth M. Landes & Robert T. Michael, 1976. "Economics of Marital Instability," NBER Working Papers 0153, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:0153
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    References listed on IDEAS

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    1. Hashimoto, Masanori, 1975. "Wage Reduction, Unemployment and Specific Human Capital," Economic Inquiry, Western Economic Association International, vol. 13(4), pages 485-504, December.
    2. Gronau, Reuben, 1976. "The Allocation of Time of Israeli Women," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 201-220, August.
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    Cited by:

    1. Dale T. Mortensen, 1978. "Specific Capital, Bargaining, and Labor Turnover," Discussion Papers 320, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    2. Ann P. Bartel & George J. Borjas, 1977. "Middle-Age Job Mobility: Its Determinants and Consequences," NBER Working Papers 0161, National Bureau of Economic Research, Inc.
    3. Mincer, Jacob, 1978. "Family Migration Decisions," Journal of Political Economy, University of Chicago Press, vol. 86(5), pages 749-773, October.
    4. Robert T. Michael, 1976. "Factors Affecting Divorce: A Study of the Terman Sample," NBER Working Papers 0147, National Bureau of Economic Research, Inc.
    5. Svarer, Michael & Verner, Mette, "undated". "Do Children Stabilize Marriages?," Economics Working Papers 2003-3, Department of Economics and Business Economics, Aarhus University.

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