An Economic Analysis of Marital Instability
@article{Becker1977AnEA, title={An Economic Analysis of Marital Instability}, author={G. Becker and Elisabeth M. Landes and R. Michael}, journal={Journal of Political Economy}, year={1977}, volume={85}, pages={1141 - 1187} }
This paper focuses on the causes of marital instability. Section I develops a theoretical analysis of marital dissolution, incorporating uncertainty about outcomes of marital decisions into a framework of utility maximization and the marriage market. Section II explores implications of the theoretical analysis with cross-sectional data, primarily the 1967 Survey of Economic Opportunity and the Terman sample. The relevance of both the theoretical and empirical analyses in explaining the recent… Expand
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