Divorce: What Does Learning Have to Do with It? /

Marinescu, Ioana.

Divorce: What Does Learning Have to Do with It? / Ioana Marinescu. - Cambridge, Mass. National Bureau of Economic Research 2015. - 1 online resource: illustrations (black and white); - NBER working paper series no. w21761 . - Working Paper Series (National Bureau of Economic Research) no. w21761. .

November 2015.

Learning about marriage quality has been proposed as a key mechanism for explaining how the probability of divorce evolves with marriage duration, and why people often cohabit before getting married. I develop four theoretical models of divorce, three of which include learning. I use data from the Survey of Income and Program Participation to test reduced form implications of these models. The data is inconsistent with models including a substantial amount of learning. On the other hand, the data is consistent with a model without any learning, but where marriage quality changes over time.




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