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for this phenomenon is that wages increase with age and hence older men are more attractive in the marriage market. This … completely hold, especially in modern times. This paper shows that a marriage market equilibrium where women marry earlier in … life than men can be achieved without making any assumptions about the wage process or gender roles. The only driving force …
Persistent link: https://www.econbiz.de/10010261842
We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we … examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the … decision to marry, and on the choice of game conditional on marriage. We find that, in the absence of social stigma or legal …
Persistent link: https://www.econbiz.de/10010269649
theory predicts that most of the gender age difference at first marriage will persist even if the gender wage-gap disappears … value of their current match exceeds that of remaining single. If both partners propose, the meeting ends up in a marriage … their spouses. The matching function depends on the single sex-ratios which are endogenous. Our model economy has only two …
Persistent link: https://www.econbiz.de/10010268630
In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the …
Persistent link: https://www.econbiz.de/10010289996
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …
Persistent link: https://www.econbiz.de/10010282273
We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage … market is characterized by assortative matching, and endogenously-determined sharing rules form the basis of intra …-household allocations. By incorporating pre-marital investments and spousal matching into the collective household model, we are able to …
Persistent link: https://www.econbiz.de/10010267526
This paper reviews models of marriage, with special emphasis on how the sex ratio (the ratio of marriageable men to … women) can help explain measurable outcomes such as marriage formation, intra-marriage distribution of consumption goods …
Persistent link: https://www.econbiz.de/10011584627
marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles …This paper presents an inter-temporal model of individual behavior with uncertainty about marriage and divorce and … which accommodates the possible presence of economies or diseconomies of scale from marriage. We show that a scenario of …
Persistent link: https://www.econbiz.de/10010270877
We study a matching model with heterogeneous agents, nontransferable utility and search frictions. Agents differ along …
Persistent link: https://www.econbiz.de/10010281545
This paper uses a particular school exit rule previously in effect in England and Wales that allowed students born within the first five months of the academic year to leave school one term earlier than those born later in the year. Focusing on women, we show that those who were required to stay...
Persistent link: https://www.econbiz.de/10010270497