Economics of Marital Instability

115 Pages Posted: 12 Apr 2004  

Gary S. Becker

University of Chicago - Department of Economics; University of Chicago - Booth School of Business

Elisabeth M. Landes

LECG/Navigant Consulting; National Bureau of Economic Research (NBER)

Robert T. Michael

University of Chicago; National Bureau of Economic Research (NBER)

Date Written: October 1976

Abstract

This paper focuses on the causes of divorce. Section I developsa theoretical analysis of marital dissolution incorporating uncertaintyabout the outcomes of marital decisions into a framework of utilitymaximization and the marriage market. Section II explores the implica-tions of the theoretical analysis with cross-sectional data,primarilythe 1967 Survey of Economic Opportunity and the Terman sample. Therelevance of both the theoretical and empirical analyses in explainingthe recent acceleration in the U.S. divorce rate is discussed.

Suggested Citation

Becker, Gary S. and Landes, Elisabeth M. and Michael, Robert T., Economics of Marital Instability (October 1976). NBER Working Paper No. w0153. Available at SSRN: https://ssrn.com/abstract=260343

Gary S. Becker (Contact Author)

University of Chicago - Department of Economics ( email )

1126 East 59th Street
Chicago, IL 60637
United States

University of Chicago - Booth School of Business

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States

Elisabeth M. Landes

LECG/Navigant Consulting

1603 Orrington
Suite 1500
Evanston, IL 60201
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Robert T. Michael

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

University of Chicago ( email )

1101 East 58th Street
Chicago, IL 60637
United States

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