Till taxes do us part: Tax penalties or bonuses and the marriage decision

B-Tier
Journal: European Economic Review
Year: 2019
Volume: 118
Issue: C
Pages: 37-50

Authors (3)

Barigozzi, Francesca (Alma Mater Studiorum - Univers...) Cremer, Helmuth (not in RePEc) Roeder, Kerstin (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The tax regimes applied to couples in many countries including the US, France, and Germany imply either a marriage penalty or a marriage bonus. We study how they affect the decision to get married by considering two potential spouses who play a marriage proposal game. At the end of the game they may get married, live together without formal marriage, or split up. Proposing (or getting married) implies a cost that can indicate strong love. The striking property we obtain is that a marriage bonus may actually reduce the probability that a couple gets married. If the bonus is sufficiently large, signaling is no longer informative, and a pooling equilibrium in which no couples get married remains. Similarly, a marriage penalty may increase marriages. The penalty may lead to a separating equilibrium with efficiency enhancing information transmission, which was otherwise not possible.

Technical Details

RePEc Handle
repec:eee:eecrev:v:118:y:2019:i:c:p:37-50
Journal Field
General
Author Count
3
Added to Database
2026-01-24