This paper examines the idea that the increasing return to college is reducing intergenerational mobility by differentially impacting the investments in children by parents across education groups. A larger return to college will create stronger incentives to invest in children by parents with...

We examine why developed countries are monogamous while rich men throughout history have typically practiced polygyny. Wealth inequality naturally produces multiple wives for rich men in a standard model of the marriage market. However, we demonstrate that higher female inequality in the...

This paper demonstrates that women search longer for their first or second husband in cities with higher male wage inequality, and examines several alternative explanations. A causal link is established by controlling for city fixed effects and city-specific time trends, and by using inequality...

This paper examines why developed countries are monogamous while rich men throughout history have tended to practice 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. However,...

This paper estimates the returns to career decisions in the marriage market and the returns to marital choices in the labor market. Theoretically, investments in the labor market could affect the chances of receiving a marriage offer, the type of offer, and the probability of getting divorced....