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- W577695433 abstract "Much attention has been paid to the high divorce rate, but less recognized is the frequency of remarriage. To the extent that marriage provides consumption insurance, this prompts re-examination of the gains to marriage in terms of risk sharing. This paper shows that existing models of marriage with risk sharing and limited commitment cannot explain the rate and speed at which divorcees remarry. Introducing on-the-marriage search allows simulations to match the rates seen in the data." @default.
- W577695433 created "2016-06-24" @default.
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- W577695433 date "2014-01-01" @default.
- W577695433 modified "2023-09-27" @default.
- W577695433 title "Risk Sharing and On-the-Marriage Search" @default.
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