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In this paper we investigate the effect of relative income on marital status. We develop an identity model based on … Akerlof and Kranton (2000) and apply it to the marriage decision. The empirical evidence is consistent with the idea that … people are more likely to marry when their incomes approach a financial level associated with idealized norms of marriage. We …
Persistent link: https://www.econbiz.de/10011149779
In this paper we investigate the effect of relative income on marital status. We develop an identity model based on … Akerlof and Kranton (2000) and apply it to the marriage decision. The empirical evidence is consistent with the idea that … people are more likely to marry when their incomes approach a financial level associated with idealized norms of marriage. We …
Persistent link: https://www.econbiz.de/10005000281
This study tests the effect of relative income – younger people's earning potential relative to their aspirations, as approximated by older families' income – on the proportions married, by sex, in the first fifteen years out of school. It finds that relative income has become a better...
Persistent link: https://www.econbiz.de/10009225761
possibility of discriminating between different models of behavior. This is studied for theories of marriage, which crucially … depend on auxiliary assumptions as to what contributes to well-being in marriage. Both applications are empirically tested …
Persistent link: https://www.econbiz.de/10005627769
Educational homogamy is an important but poorly understood source of inequality. This paper analyzes a group of men and … marry educated spouses. Nevertheless, movie actors show a strong tendency to sort positively on education in marriage. These … findings suggest that male and female preferences alone induce considerable sorting on education in marriage and that men and …
Persistent link: https://www.econbiz.de/10009643111
This paper investigates whether the sources of income, not just the levels, determine whether an individual is monogamous. Our results support the idea that polygyny stunts development by allowing wealthy men to acquire wives rather than investing in child quality.
Persistent link: https://www.econbiz.de/10010576403
The prevalence and stability of marriage has declined in the United States as the economic lives of men and women have … childbearing between socioeconomic groups raise concerns about child wellbeing in poor families and future inequality. This paper …
Persistent link: https://www.econbiz.de/10010884283
income inequality. To these ends, we use rich data from the United States and Norway over the period 1980-2007. We find … educational assortative mating accounts for a non-negligible part of the cross-sectional inequality in household income. However …, changes in assortative mating over time barely move the time trends in household income inequality. The reason is that the …
Persistent link: https://www.econbiz.de/10010884928
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 demonstrates, however, that while higher male inequality generates more … polygyny, higher female inequality produces a more monogamous equilibrium. Moreover, we derive how female inequality in the …
Persistent link: https://www.econbiz.de/10005123932
birth as a proxy for the local level of male inequality. Increasing male inequality explains about 30% of the marriage rate … 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 city-specific time trends, and by using inequality in the woman’s state of …
Persistent link: https://www.econbiz.de/10005504574