The Dynamics of Marriage and Divorce
@article{Bruze2014TheDO, title={The Dynamics of Marriage and Divorce}, author={Gustaf Bruze and Michael Svarer and Yoram Weiss}, journal={Journal of Labor Economics}, year={2014}, volume={33}, pages={123 - 170} }
We formulate and estimate a dynamic model of marriage, divorce, and remarriage using panel data on two cohorts of Danish men and women. The marital surplus is identified from the probability of divorce and the surplus shares of husbands and wives from their willingness to enter marriage. We find that the educations of husbands and wives are complements. Education raises the share of the marital surplus for men but not for women. As men and women get older, husbands receive a larger share of the…
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