TY - JOUR
T1 - Divorce, remarriage, and welfare
T2 - A general equilibrium approach
AU - Chiappori, Pierre Andre
AU - Weiss, Yoram
PY - 2006
Y1 - 2006
N2 - Modern marriage markets display increasing turnover, with less marriage but more divorce and remarriage. As a consequence, a large number of children live in single-parent and step-parent households. We summarize here a general equilibrium approach that allows welfare evaluations. In the absence of children, we show that higher aggregate divorce may raise welfare, because it facilitates remarriage. Even children may be better off in a high divorce-remarriage environment, because of stronger incentives for fathers to transfer money to the custodial mothers.
AB - Modern marriage markets display increasing turnover, with less marriage but more divorce and remarriage. As a consequence, a large number of children live in single-parent and step-parent households. We summarize here a general equilibrium approach that allows welfare evaluations. In the absence of children, we show that higher aggregate divorce may raise welfare, because it facilitates remarriage. Even children may be better off in a high divorce-remarriage environment, because of stronger incentives for fathers to transfer money to the custodial mothers.
UR - http://www.scopus.com/inward/record.url?scp=34948860479&partnerID=8YFLogxK
U2 - 10.1162/jeea.2006.4.2-3.415
DO - 10.1162/jeea.2006.4.2-3.415
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AN - SCOPUS:34948860479
SN - 1542-4774
VL - 4
SP - 415
EP - 426
JO - Journal of the European Economic Association
JF - Journal of the European Economic Association
IS - 2-3
ER -