The Dynamics of Marriage and Divorce

Gustaf Bruze, Michael Svarer and Yoram Weiss

No 6379, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We formulate and estimate a dynamic model of marriage, divorce, and remarriage using 27 years of panel data for the entire Danish cohort born in 1960. The marital surplus is identified from the probability of divorce, and the surplus shares of husbands and wives from their willingness to enter marriage. Education and marriage order are complements in generating gains from marriage. Educated men and women receive a larger share of the marital gains but this effect is mitigated when their proportion rises. Education stabilizes marriage and second marriages are less stable. As the cohort ages, uneducated men are the most likely to be single.

Keywords: sorting; divorce; marriage (search for similar items in EconPapers)
JEL-codes: J12 (search for similar items in EconPapers)
Pages: 52 pages
Date: 2012-02
New Economics Papers: this item is included in nep-dem and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published - published in: Journal of Labor Economics, 2015, 33(1), 123-170

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Related works:
Journal Article: The Dynamics of Marriage and Divorce (2015)
Working Paper: The Dynamics of Marriage and Divorce (2012)
Working Paper: The Dynamics of Marriage and Divorce (2012)
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