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Divorce as Risky Behavior
Divorce Risky Behavior
2015/1/22
We extend the orthodox divorce model by assuming risk averse individuals view marriage as risky, and divorce as even (location-independent) riskier. The model predicts that conditional on the expected...
We analyze the causal impact of an increase in the risk of marital dissolution on the saving behavior of married couples. We use the legalization of divorce in Ireland in 1996 as an exogenous shock to...
Testing the External Effect of Household Behavior: The Case of the Demand for Children
External Effect Household Behavior Children
2016/3/7
This paper tests the external effect of household childbearing behavior by drawing on microfertility data from China. The test is executed by regressing one woman’s fertility on the average fertility ...
