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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...
Lucky in Life, Unlucky in Love?: The Effect of Random Income Shocks on Marriage and Divorce
Lucky Life Unlucky in Love Random Income Shocks Marriage Divorce
2016/3/8
Economists have long been interested in the extent to which economic resources affect decisions to marry and divorce. However, this issue has been difficult to address empirically due to a lack of exo...