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In this article we provide a simple model of the marriage market where singles search for spouses. In our model economy … earnings. We show that modelling the marriage decision in a very simple model economy is sufficient to account for much of the … observed marriage behavior in the United States in the year 2000. We conclude that gender differences in fecundity are all …
Persistent link: https://www.econbiz.de/10005111037
We study the steady state of an overlapping generations economy where singles search for spouses. In our model economy … value of their current match exceeds that of remaining single. If both partners propose, the meeting ends up in a marriage … free parameters: the search friction and the utility share of bearing children. We choose their values to match the median …
Persistent link: https://www.econbiz.de/10005763512
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 …, the average age at first marriage and the pattern of the sex ratio of single men to single women over different age groups …
Persistent link: https://www.econbiz.de/10005762247
We study the incentives of parents to invest in their children when these investments improve their marriage prospects …, in a frictionless marriage market with non-transferable utility. Stochastic returns to investment eliminate the …
Persistent link: https://www.econbiz.de/10009246608
marriage and divorce? To answer this question, we build a model of marriage with two main features. First, there exists … consistent with the secular improvement in marriage conditions for men, the rise in age at marriage, and the rise in divorce … the variation in marriage rates over time can be explained by changes in the sex ratio …
Persistent link: https://www.econbiz.de/10005069553
We study the incentive to invest to improve marriage prospects, in a frictionless marriage market with non …
Persistent link: https://www.econbiz.de/10009193217
We investigate the effect of a change in the sex ratio on assortative matching in the marriage market using a large … negative exogenous shock to the French male population due to WWI casualties. We analyze a novel data set that links marriage …
Persistent link: https://www.econbiz.de/10009141769
links marriage-level to French population and military mortality. Then, we calculated the sex ratio in a region with …
Persistent link: https://www.econbiz.de/10009141782
Do people move to cities because of marriage market considerations? In cities singles can meet more potential partners … marriage market benefits disappear while the housing premium remains. We extend the model of Burdett and Coles (1997) with a … distinction between efficient (cities) and less efficient (non-cities) search markets. One implication of the model is that …
Persistent link: https://www.econbiz.de/10010851127
A woman assessing the wealth of a potential husband may observe some, but not all, of his wealth. She may screen, leading to status consumption and wasteful gift giving. The screening activity is costly not only for the potential husband, but also for the woman, as it reduces the wealth of the...
Persistent link: https://www.econbiz.de/10010884244