Marriage, Divorce, and Interstate Risk Sharing
In this paper, we study the importance of marriage for interstate risk sharing in the US.We find that US federal states in which married couples account for a higher share of the population are less exposed to state-specific output shocks. Thus, in addition to improving the allocation of risk at the...
|Place of publication:||
Oxford, UK Blackwell Publishing 01.03.2012
Blackwell Publishing Ltd
Wiley Subscription Services, Inc
|published in:||The Scandinavian journal of economics Vol. 114; no. 1; pp. 55 - 78|
|Data of publication:||20120301|
For helpful discussions and comments, we would like to thank Johann K. Brunner, Mathias Hoffmann, Corne van Walbeek, Rudolf Winter‐Ebmer, two anonymous referees, and seminar participants at the Universities of Linz, Reading, and Zurich. The usual disclaimer applies. Financial support from the Austrian FWF (NRN Labor Economics and the Welfare State) is gratefully acknowledged.
Scandinavian Journal of Economics
|Database:||Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2012
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