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Education, Matching and the Allocative Value of Romance

Booth, Alison L; Coles, Melvyn G - C.E.P.R. Discussion Papers - 2005

Societies are characterized by customs governing the allocation of non-market goods such as marital partnerships. We explore how such customs affect the educational investment decisions of young singles and the subsequent joint labour supply decisions of partnered couples. We consider two...

Persistent link: https://www.econbiz.de/10005666457

Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching

Bhaskar, Venkataraman; Hopkins, Ed - C.E.P.R. Discussion Papers - 2011

We study the incentives of parents to invest in their children when these investments improve their marriage prospects, in a frictionless marriage market with non-transferable utility. Stochastic returns to investment eliminate the multiplicity of equilibria that plagues models with...

Persistent link: https://www.econbiz.de/10009246608

The Mystery of Monogamy

Gould, Eric D; Moav, Omer; Simhon, Avi - C.E.P.R. Discussion Papers - 2004

This Paper examines why developed countries are monogamous while rich men throughout history have tended to practice polygyny (multiple wives). Wealth inequality naturally produces multiple wives for rich men in a standard model of the marriage market where polygyny is not ruled out. Our model...

Persistent link: https://www.econbiz.de/10005123932

Marriage and Other Risky Assets: A Portfolio Approach

Bertocchi, Graziella; Brunetti, Marianna; Torricelli, … - C.E.P.R. Discussion Papers - 2009

We study the joint impact of gender and marital status on financial investment by testing the hypothesis that marriage represents - in a portfolio framework - a sort of safe asset, and that this effect is stronger for women. We show that married individuals have a higher propensity to invest in...

Persistent link: https://www.econbiz.de/10005123954

Employment, Family Union and Childbearing Decisions in Great Britain

Aassve, Arnstein; Burgess, Simon; Dickson, Matt; … - C.E.P.R. Discussion Papers - 2003

estimate a five-equation model, which includes birth events, union formation, union dissolution, employment and non-employment …. We find that transitions in and out of employment for men are relatively independent of other transitions. In contrast …, there are strong links between female employment, having children and union formation. By undertaking a detailed micro …

Persistent link: https://www.econbiz.de/10005504302

Waiting for Mr Right: Rising Inequality and Declining Marriage Rates

Gould, Eric D; Paserman, M. Daniele - C.E.P.R. Discussion Papers - 2002

This Paper demonstrates that women search longer for their first or second husband in cities with higher male wage inequality, and analyses several explanations for this result. A causal link is established by showing that the results are robust to the inclusion of city fixed-effects and...

Persistent link: https://www.econbiz.de/10005504574

An Equilibrium Model of the African HIV/AIDS Epidemic

Greenwood, Jeremy; Kircher, Philipp; Santos, Cezar; … - C.E.P.R. Discussion Papers - 2013

Eleven percent of the Malawian population is HIV infected. Eighteen percent of sexual encounters are casual. A condom is used one quarter of the time. A choice-theoretic general equilibrium search model is constructed to analyze the Malawian epidemic. In the developed framework, people select...

Persistent link: https://www.econbiz.de/10011084502

Does Marriage Make You Healthier?

Guner, Nezih; Kulikova, Yuliy; Llull, Joan - C.E.P.R. Discussion Papers - 2014

We use the Panel Study of Income Dynamics (PSID) and the Medical Expenditure Panel Survey (MEPS) to study the relationship between marriage and health for working-age (20 to 64) individuals. In both data sets married agents are healthier than unmarried ones, and the health gap between married...

Persistent link: https://www.econbiz.de/10011084560

Marrying Your Mom: Preference Transmission and Women's Labour and Education Choices

Fernández, Raquel; Fogli, Alessandra; Olivetti, Claudia - C.E.P.R. Discussion Papers - 2002

This Paper argues that the evolution of male preferences contributed to the dramatic increase in the proportion of working and educated women in the population over time. Male preferences evolved because some men experienced a different family model – one in which their mother was skilled...

Persistent link: https://www.econbiz.de/10005791450

Love and Taxes - and Matching Institutions

Konrad, Kai A.; Lommerud, Kjell Erik - C.E.P.R. Discussion Papers - 2008

We study a setting with search frictions in the marriage market and with incomplete contracting inside the family. Everyone prefers a partner that has a high income and is a perfect emotional match, but compromises must often be struck. A high-income earner may abstain from marrying a low-income...

Persistent link: https://www.econbiz.de/10005791664