Marriage Markets and Divorce Laws

  title={Marriage Markets and Divorce Laws},
  author={Imran Rasul},
This paper develops a model of search and learning in marriage markets to analyze how a liberalization of divorce laws affects marriage market outcomes. In particular we analyze how the move from mutual consent divorce to unilateral divorce affects marriage rates, the composition of those who marry, and divorce rates, under the assumption that households cannot reach Coasean bargains. The analysis highlights the distinction between the effects on the existing stock of married couples (a… CONTINUE READING

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