• Table of Contents
    • Abstract
    • Keywords
    • Article
      • Basic facts
        • Marriage and divorce
        • Marriage and work
        • Marriage and wages
      • Economic theory of marriage and divorce
        • Gains from marriage
        • Family decision making
        • The marriage market
        • Search
        • Search and assortative matching
        • Divorce and remarriage
      • Theory and evidence
    • See Also
    • Bibliography
    • How to cite this article

marriage and divorce

Yoram Weiss
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by Steven N. Durlauf and Lawrence E. Blume
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Abstract

We document the increase in marital turnover and survey economic models of the marriage market. Couples match based on attributes but sorting is constrained by costs of search. Divorce is caused by new information on match quality, and remarriage requires further search. Although most men and women marry, they are single more often than before and more children live in one-parent household. The impact on children depends on child-support transfers. Such transfers may rise with the aggregate divorce (remarriage) rates.
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Keywords

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Article

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How to cite this article

Weiss, Yoram. "marriage and divorce." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 28 August 2014 <http://www.dictionaryofeconomics.com/article?id=pde2008_M000367> doi:10.1057/9780230226203.1043

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