Publisher Summary This chapter describes the economic reasons for marriage, how families
solve their economic problems, the marriage market, divorce and its economic …

In the popular press and among policymakers the effect of no-fault divorce laws on divorce
rates remains an issue (see eg, New York Times, 23 July 1991). In my 1986 article in this …

This paper considers generalized least squares (GLS) estimation for linear panel data
models. By estimating the large error covariance matrix consistently, the proposed feasible …

Abstract Applying the Coase Theorem to marital bargaining suggests that shifting from
consent to unilateral divorce laws will not affect divorce rates. I show that existing evidence …

We document key facts about marriage and divorce, comparing trends through the past 150
years and outcomes across demographic groups and countries. While divorce rates have …

This paper examines how divorce laws affect couples' intertemporal choices and well-being.
Exploiting panel variation in US laws, I estimate the parameters of a model of household …

This paper revisits the evidence on the impact of unilateral divorce laws on divorce rates in
the United States. Most states switched from requiring mutual consent to allowing unilateral …

I assess the long-run implications for children of growing up in a unilateral divorce
environment, which increases the ease of divorce by not requiring the explicit consent of …

In this paper, we study the least squares (LS) estimator in a linear panel regression model
with unknown number of factors appearing as interactive fixed effects. Assuming that the …

We use inheritance patterns over three generations of individuals to assess the impact of
changes in the Hindu Succession Act that grant daughters equal coparcenary birth rights in …