Since World War II there has been: (i) a rise in the fraction of time that married households allocate
to market work, (ii) an increase in the rate of divorce, and (iii) a decline in the rate of marriage. What
can explain this? It is argued here that technolSince World War II there has been: (i) a rise in the fraction of time that married households allocate
to market work, (ii) an increase in the rate of divorce, and (iii) a decline in the rate of marriage. What
can explain this? It is argued here that technological progress in the household sector has saved on
the need for labor at home. This makes it more feasible for singles to maintain their own home, and
for married women to work. To address this question, a search model of marriage and divorce is developed.
Household production benefits from labor-saving technological progress.[+][-]
Description:
Publicado por New York: Sociedad para la Economía dinamíca. 2004. UC3M Working paper. 65