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This paper proposes a screening approach to explain why dating is associated with purchasing status products and conspicuous gift giving. A potential bride searching for a husband may seek to screen candidates whose income is only partially observable. Taking into account that she also bears...
Persistent link: https://www.econbiz.de/10010484412
The practice of early marriage for women is prevalent in developing countries around the world today, and is believed … model of the marriage market to explain how the practice may be sustained in the absence of any intrinsic preference for … young brides. We assume there is a desirable female attribute, relevant for the gains from marriage, that is only noisily …
Persistent link: https://www.econbiz.de/10011342908
equilibrium limited-commitment collective framework that allows for marriage both within and across birth cohorts. Using Panel … within- and across-cohort marital matching. Our model replicates the bivariate marriage distribution by age, and explains … some of the most salient life-cycle patterns of marriage, divorce, remarriage, and time allocation behavior. We use our …
Persistent link: https://www.econbiz.de/10012890116
Using an equilibrium model of inter-linked frictional labour and marriage markets, we establish the existence of male … marriage premium within a given productivity group, as well as a clear ranking of premia across different groups. We find …
Persistent link: https://www.econbiz.de/10012057277
sequential job search, and can choose to improve their labour market returns as well as their marriage prospects by undertaking a …We present an equilibrium model with inter-linked frictional labour and marriage markets. Women's flow value of being …
Persistent link: https://www.econbiz.de/10012119529
We present an equilibrium model of inter-linked frictional labour and marriage markets. In the marital market, men and … women are involved in random sequential search for a partner. Men are seen as breadwinners in the family, and therefore in … the labour market unemployed men carry out a constrained sequential search for jobs. We establish that when divorce …
Persistent link: https://www.econbiz.de/10014541634
sequential job search, and can choose to improve their labour market returns as well as their marriage prospects by under …We present an equilibrium model with inter-linked frictional labour and marriage markets. Women's flow value of being …
Persistent link: https://www.econbiz.de/10012847076
interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by …We propose a theoretical explanation for the so-called "beauty premium". Our explanation is based entirely on search … frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the …
Persistent link: https://www.econbiz.de/10010491716
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/10010379931
This paper studies match formation and dissolution in frictional marriage markets under labor market uncertainty. We … propose a search model with transferable utility in which ex-ante heterogeneous men and women simultaneously search for … partners in the marriage market and switch between employment and unemployment in the labor market. In the marriage market …
Persistent link: https://www.econbiz.de/10012304704