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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 0816

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Marriage; Marital Dissolution; Family Structure; Domestic Abuse ; Macroeconomics: Consumption; Saving; Wealth ; Family and Personal Law ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages
• Thema: Risk sharing ; marriage ; divorce ; family law ; Ehe ; Familienrecht ; Familienökonomik ; Risiko ; Schock ; Aggregation ; Regionale Inzidenz ; Teilstaat ; USA

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Halla, Martin ; Scharler, Johann
• Ereignis: Veröffentlichung
• (wer): Johannes Kepler University of Linz, Department of Economics
• (wo): Linz
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73614
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ