Female Labour Supply and Marital Status Decisions: A Life-Cycle Model

1996 ◽  
Vol 63 (2) ◽  
pp. 199 ◽  
Author(s):  
Wilbert Van Der Klaauw
1982 ◽  
Vol 49 (4) ◽  
pp. 659 ◽  
Author(s):  
James J. Heckman ◽  
Thomas MaCurdy

1980 ◽  
Vol 47 (1) ◽  
pp. 47 ◽  
Author(s):  
James J. Heckman ◽  
Thomas E. Macurdy

Author(s):  
Max Groneck ◽  
Johanna Wallenius

Abstract In this article, we study the labour supply effects and the redistributional consequences of the US social security system. We focus particularly on auxiliary benefits, where eligibility is linked to marital status. To this end, we develop a dynamic, structural life cycle model of singles and couples, featuring uncertain marital status and survival. We account for the socio-economic gradients to both marriage stability and life expectancy. We find that auxiliary benefits have a large depressing effect on married women’s employment. Moreover, we show that a revenue neutral minimum benefit scheme would moderately reduce inequality relative to the current US system.


1998 ◽  
Vol 5 (9) ◽  
pp. 569-572
Author(s):  
Pedro Duarte Neves

2017 ◽  
Vol 9 (3) ◽  
pp. 72-115 ◽  
Author(s):  
Raquel Fernández ◽  
Joyce Cheng Wong

During the 1970s, the United States switched from mutual consent to a unilateral divorce regime. Who benefited/lost from this change? We develop a dynamic life cycle model in which agents make consumption, saving, work, and marital-status decisions under a given divorce regime. Calibrating the model to match key moments for the 1940 cohort and conditioning solely on gender, our ex ante welfare analysis finds that women fare better under mutual consent whereas men prefer a unilateral system. Conditioning as well on initial productivity (expected income), we find that the top three quintiles of men and the top two quintiles of women prefer unilateral divorce. (JEL D91, J12, J16, K36)


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