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https://hdl.handle.net/10419/31429
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Chami, Ralph | en |
dc.contributor.author | Hess, Gregory D. | en |
dc.contributor.editor | Claremont Institute for Economic Policy Studies | en |
dc.date.accessioned | 2010-05-14T11:06:21Z | - |
dc.date.available | 2010-05-14T11:06:21Z | - |
dc.date.issued | 2002 | - |
dc.identifier.uri | http://hdl.handle.net/10419/31429 | - |
dc.description.abstract | Why do some U.S. states have higher levels of marital formation than others? This paper introduces an economic model wherein a state's representative individual may choose to marry in order to diversity his or her idiosyncratic income risk. The paper demonstrates that such a diversification motive is enhanced for some utility functions when a state's level of undiversifiable risk becomes larger, and when a state's initial income and growth rate is lower. A test of the model's predictious, using cross - sectional data for the 50 U.S. states, suggests that there is broad support for a risk sharing motive for marriage as well as for a precautionary attitude towards risk. - Consumption Insurance ; Marriage | en |
dc.language.iso | eng | en |
dc.publisher | |aClaremont McKenna College, Department of Economics |cClaremont, CA | en |
dc.relation.ispartofseries | |aClaremont Colleges Working Papers |x2002-07 | en |
dc.subject.jel | J12 | en |
dc.subject.jel | D1 | en |
dc.subject.jel | E21 | en |
dc.subject.ddc | 330 | en |
dc.subject.stw | Regionale Disparität | en |
dc.subject.stw | Familienökonomik | en |
dc.subject.stw | Verdienstausfall | en |
dc.subject.stw | Risiko | en |
dc.subject.stw | Versicherung | en |
dc.subject.stw | Theorie | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | USA | en |
dc.subject.stw | Eherecht | en |
dc.subject.stw | Ehe | en |
dc.title | For better or for worse? State-level marital formation and risk sharing | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 366234595 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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