Fatter Attraction: Anthropometric and Socioeconomic Matching on the Marriage Market
In: Journal of political economy, Band 120, Heft 4, S. 659-695
ISSN: 1537-534X
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In: Journal of political economy, Band 120, Heft 4, S. 659-695
ISSN: 1537-534X
In: Revue française de sociologie, Band 38, Heft 3, S. 429
In: Revue économique, Band 35, Heft 5, S. 831
ISSN: 1950-6694
We develop a collective household model with spousal matching in which there exists marital gains to assortative matching and marriage quality for each couple is revealed ex post. Changes in alimony laws are shown to affect existing couples and couples-to-be differently. For existing couples, legislative changes that favor (wo)men benefit them especially if the marriage match quality is low, while, for couples not yet formed, they generate offsetting intra-household transfers and lower intra-marital allocations for the spouses who are the intended beneficiary. We then estimate the effect of granting alimony rights to cohabiting couples in Canada using a triple-difference framework since each province extended these rights in different years and requiring different cohabitation length. We find that obtaining the right to petition for alimony led women to lower their labor force participation. These results, however, do not hold - and, in some cases, are reversed - for newly formed cohabiting couples.
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In: American economic review, Band 99, Heft 2, S. 356-362
ISSN: 1944-7981
In: The Rand journal of economics, Band 37, Heft 4, S. 783-798
ISSN: 1756-2171
In: Journal of political economy, Band 102, Heft 6, S. 1067-1096
ISSN: 1537-534X
In: The economic journal: the journal of the Royal Economic Society
ISSN: 1468-0297
Abstract
The extent to which individuals commit to their partner for life has important implications. This paper develops a lifecycle collective model of the household, through which it characterises behaviour in three prominent alternative types of commitment: full, limited, and no commitment. We propose a test that distinguishes between all three types based on how contemporaneous and historical news affect household behaviour. Our test permits heterogeneity in the degree of commitment across households. Using recent data from the Panel Study of Income Dynamics, we reject full and no commitment, while we find strong evidence for limited commitment.