Iyigun, Murat; Lafortune, Jeanne - 2016
We document that, over the 20th century, age at first marriage followed a U-shaped pattern, while the gender education … gap tracked an inverted-U path in the United States. To explain this, we propose a multi-period frictionless matching … model where educational and marriage decisions are endogenous. Two key assumptions are made: marriage requires a fixed cost …