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Please use this identifier to cite or link to this item: http://hdl.handle.net/10016/5078

Google™ Scholar. Others By: Aiyagari, S. Rao - Greenwood, Jeremy - Guner, Nezih
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State_JPE_2000_108_2.pdf-- 2009-09-07 -- Available on Internet -- pubprint1,19 MBAdobe PDFformato pdf
Title: On the State of the Union
Author(s): Aiyagari, S. Rao
Greenwood, Jeremy
Guner, Nezih [nguner]
Publisher: University of Chicago Press
Issued date: Apr-2000
Citation: Journal of Political Economy. (Abril 2000), vol. 108, nº 2, p. 213-244
URI: http://hdl.handle.net/10016/5078
ISSN: 1537-534X
Abstract: An ovedapping gencrations model of nlan-iage and divorce is constructed to analyze farnilv structure and intergenerational mobility. Agents diffel- by sex, marital status, and human capitaL Single agents Ineet in a lnalTiage Inarket and decide whether to accept or reject proposab to wed. Manied couples must decide whether to separate or floL Parcnts in"cst in their children depending on theil- wherewithal. A simulated ver'sÍon of the thcorctical PI-ototype can generate an equilihriunl with a significanl nurIlber of feInaleheaded families and a high degree of persistence in inconle across generations. To illllstrate the mooel's nlechanics, (he effects uf two antipo\'erty policies, namely child support and welfare. are illvestigated.
Review: PeerReviewed
Version of: http://hdl.handle.net/10016/5119
Rights: ©University of Chicago Press
Appears in Collections:DE - Artículos de Revistas
Economists Online

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