Arbeitspapier

Marriage, divorce and interstate risk sharing

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.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 3744

Klassifikation
Wirtschaft
Marriage; Marital Dissolution; Family Structure; Domestic Abuse
Thema
Risk sharing
marriage
divorce
family law
Ehe
Familienrecht
Familienökonomik
Risiko
Schock
Regionale Inzidenz
Teilstaat
USA

Ereignis
Geistige Schöpfung
(wer)
Halla, Martin
Scharler, Johann
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2008

Handle
URN
urn:nbn:de:101:1-2008111464
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Halla, Martin
  • Scharler, Johann
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2008

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