BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//jEvents 2.0 for Joomla//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:ee973b2ef231b6fb5c24f452e61f3a4a
CATEGORIES:Seminars
CREATED:20230621T064843
SUMMARY:Anne Hannusch - University of Mannheim
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nCohabitation and Child Development\n\n\nAbstract:\nIn the U.S., college
 -educated couples cohabit less and marry at higher rates than other couples
  only if they have children. What explains the higher marriage rates of the
 se couples and what are the implications for child development? We show emp
 irically that married women experience larger childbirth penalties, work le
 ss in the labor market, and spend more time with their children compared to
  cohabiting women. Subsequently, their children are more likely to obtain a
  college degree. To rationalize these facts, we build an overlapping genera
 tions model of marriage, cohabitation, wealth, and child development. Paren
 ts are altruistic towards their children and invest both time and money int
 o their development. This, in turn, increases the probability that a child 
 completes college. Married couples in the model face lower separation proba
 bilities, yet higher utility costs upon divorce and divide assets equally w
 hen they split. In this environment, college-educated couples with children
  marry at higher rates for two reasons. First, marriage provides insurance 
 against the higher human capital depreciation that college-educated women f
 ace when they invest time in children. Second, time and money investments a
 re dynamic complements. This implies that the return from investing time is
  particularly high for couples that can match time investments early in lif
 e with high money investments at later stages in the child’s development.\n
DTSTAMP:20260428T105253Z
DTSTART:20230907T143000Z
DTEND:20230907T160000Z
SEQUENCE:0
TRANSP:OPAQUE
END:VEVENT
END:VCALENDAR