The Dynamics of Marriage and Divorce
利用丹麦两代人的面板数据，构建婚姻、离婚和再婚的动态模型，发现夫妻教育互补，教育提高男性婚姻剩余份额但不提高女性，离婚成本在婚姻早期和晚期都很高。
We formulate and estimate a dynamic model of marriage, divorce, and remarriage using panel data on two cohorts of Danish men and women. The marital surplus is identified from the probability of divorce and the surplus shares of husbands and wives from their willingness to enter marriage. We find that the educations of husbands and wives are complements. Education raises the share of the marital surplus for men but not for women. As men and women get older, husbands receive a larger share of the marital surplus. The estimated costs of divorce are high both early and late in marriage.