A Theory of Allocation of Time in Markets for Labor and Marriage: Macromodel

© Springer Science+Business Media New York 2015 S. Grossbard, The Marriage Motive: A Price Theory of Marriage, DOI 10.1007/978-1-4614-1623-4_2 This chapter and the following are adapted from “A Theory of Allocation of Time in Markets for Labor and Marriage,” Economic Journal, Vol. 94, pp. 863–882, December 1984. While writing it I benefited from helpful comments from Gary Becker, Jerry Green (from Harvard University), colleagues at Tel-Aviv University, Bar-Ilan University, and San Diego State University, and from anonymous referees.