Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115007
Authors: 
Halla, Martin
Scharler, Johann
Year of Publication: 
2008
Series/Report no.: 
NRN Working Paper, NRN: The Austrian Center for Labor Economics and the Analysis of the Welfare State 0803
Abstract: 
In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married couples account for a higher share of the population are less exposed to state-specific output shocks. Thus, marriages do not just improve the allocation of risk at the individual level, but also have implications for the allocation of risk at the more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes.
Subjects: 
Risk sharing
marriage
divorce
family law
JEL: 
J12
E21
K36
G21
Document Type: 
Working Paper

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