Marriage, divorce and interstate risk sharing

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 3744

Classification and Topics

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

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Halla, Martin ; Scharler, Johann
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/35395
• URN: urn:nbn:de:101:1-2008111464
• Last update: 10.03.2025, 11:46 AM CET