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We present an equilibrium model with inter-linked labour and marriage markets, and argue that search frictions play an important role in explaining the male marriage premium. If men are viewed as bread-winners within households, this expectation affects their job search behaviour, which in turn...
Persistent link: https://www.econbiz.de/10012951554
We propose a theoretical explanation for the so-called “beauty premium”. Our approach relies entirely on search frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the interaction between frictional labour and marriage markets,...
Persistent link: https://www.econbiz.de/10012971994
We propose a theoretical explanation for the so-called “beauty premium”. Our explanation is based entirely on search frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the interaction between frictional labour and marriage...
Persistent link: https://www.econbiz.de/10011200049