Kennes, John; Knowles, John - School of Economics and Management, University of Aarhus - 2013
We develop a new directed-search model of fertility and marriage, and apply it to two empirical problems: the rise in … unmarried women’s share of births since 1970, and the fact that black women have lower marriage rates and higher rates of … unmarried births than white women. The premise is that weaker marriage-market prospects may be strong enough to explain higher …