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Marriage, Fertility and Step-Families: An Equilibrium Analysis

Author

Listed:
  • John Knowles

    (U. of Southampton)

  • John Kennes

    (U. of Arhuus)

Abstract

We develop a simple competitive equilibrium model of the marriage market with single mothers and step-families. We then explore the role of trends in relative wages and other observed changes, such as women's wages and contraception technology, in accounting for the evolution of the distribution of family types since 1945.

Suggested Citation

  • John Knowles & John Kennes, 2011. "Marriage, Fertility and Step-Families: An Equilibrium Analysis," 2011 Meeting Papers 227, Society for Economic Dynamics.
  • Handle: RePEc:red:sed011:227
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    File URL: https://economicdynamics.org/meetpapers/2011/paper_227.pdf
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    References listed on IDEAS

    as
    1. Raquel Fernández & Nezih Guner & John Knowles, 2005. "Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality," The Quarterly Journal of Economics, Oxford University Press, vol. 120(1), pages 273-344.
    2. Jeremy Greenwood & Nezih Guner, 2009. "Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households," NBER Chapters,in: NBER Macroeconomics Annual 2008, Volume 23, pages 231-276 National Bureau of Economic Research, Inc.
    3. Weiss, Yoram & Willis, Robert J, 1997. "Match Quality, New Information, and Marital Dissolution," Journal of Labor Economics, University of Chicago Press, vol. 15(1), pages 293-329, January.
    4. Derek Neal, 2004. "The Relationship Between Marriage Market Prospects and Never-Married Motherhood," Journal of Human Resources, University of Wisconsin Press, vol. 39(4).
    5. Ken Burdett & Randall Wright, 1998. "Two-Sided Search with Nontransferable Utility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 220-245, January.
    6. George A. Akerlof & Janet L. Yellen & Michael L. Katz, 1996. "An Analysis of Out-of-Wedlock Childbearing in the United States," The Quarterly Journal of Economics, Oxford University Press, vol. 111(2), pages 277-317.
    7. Pierre-Andre Chiappori & Yoram Weiss, 2006. "Divorce, Remarriage, and Welfare: A General Equilibrium Approach," Journal of the European Economic Association, MIT Press, vol. 4(2-3), pages 415-426, 04-05.
    8. Mark R. Rosenzweig, 1999. "Welfare, Marital Prospects, and Nonmarital Childbearing," Journal of Political Economy, University of Chicago Press, vol. 107(S6), pages 3-32, December.
    9. Pierre-André Chiappori & Sonia Oreffice, 2008. "Birth Control and Female Empowerment: An Equilibrium Analysis," Journal of Political Economy, University of Chicago Press, vol. 116(1), pages 113-140, February.
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