On the State of the Union
构建了一个婚姻与离婚的代际交叠模型，分析家庭结构与代际流动性，并模拟了儿童抚养和福利两项反贫困政策的效果。
An overlapping generations model of marriage and divorce is constructed to analyze family structure and intergenerational mobility. Agents differ by sex, marital status, and human capital. Single agents meet in a marriage market and decide whether to accept or reject proposals to wed. Married couples must decide whether to separate or not. Parents invest in their children depending on their wherewithal. A simulated version of the theoretical prototype can generate an equilibrium with a significant number of female‐headed families and a high degree of persistence in income across generations. To illustrate the model's mechanics, the effects of two antipoverty policies, namely child support and welfare, are investigated.