Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households Articles
Overview
published in
- NBER Macroeconomics Annual Journal
publication date
- April 2009
start page
- 231
end page
- 276
volume
- 23
International Standard Serial Number (ISSN)
- 0889-3365
Electronic International Standard Serial Number (EISSN)
- 1537-2642
abstract
-
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 labor-saving technological progress in the household sector
can explain these facts. 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, which incorporates household production,
is developed. An extension looks back at the prewar era.