Economics of Marital Instability /

Becker, Gary S.

Economics of Marital Instability / Gary S. Becker, Elisabeth M. Landes, Robert T. Michael. - Cambridge, Mass. National Bureau of Economic Research 1976. - 1 online resource: illustrations (black and white); - NBER working paper series no. w0153 . - Working Paper Series (National Bureau of Economic Research) no. w0153. .

October 1976.

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.




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