TY - JOUR
T1 - The rise and fall of divorce
T2 - a sociological extension of becker's model of the marriage market
AU - Andersen, Signe Hald
AU - Hansen, Lars Gårn
PY - 2012/4
Y1 - 2012/4
N2 - Despite its popularity, Gary Becker’s model of the marriage market does not fully predict empirical correlations between married women’s labor market participation and aggregate divorce rates. In this article, we show how a simple extension of Becker’s model inspired by sociological theory improves the model’s predictive power. We extend Becker’s model to account for matching agents’ preferences for partner specialization, and as a novelty, we introduce a sociologically inspired coordination mechanism for this trait. We show that these extensions of Becker’s model improve its predictive power in terms of explaining empirical trends in divorce rates.
AB - Despite its popularity, Gary Becker’s model of the marriage market does not fully predict empirical correlations between married women’s labor market participation and aggregate divorce rates. In this article, we show how a simple extension of Becker’s model inspired by sociological theory improves the model’s predictive power. We extend Becker’s model to account for matching agents’ preferences for partner specialization, and as a novelty, we introduce a sociologically inspired coordination mechanism for this trait. We show that these extensions of Becker’s model improve its predictive power in terms of explaining empirical trends in divorce rates.
U2 - 10.1080/0022250x.2011.556768
DO - 10.1080/0022250x.2011.556768
M3 - Journal article
SN - 0022-250X
VL - 36
SP - 97
EP - 124
JO - Journal of Mathematical Sociology
JF - Journal of Mathematical Sociology
IS - 2
ER -