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...

In 1965, Daniel Patrick Moynihan warned that non-marital childbearing and marital dissolution were undermining the progress of African Americans. I argue that what Moynihan identified as a race-specific problem in the 1960s has now become a classbased phenomena as well. Using data from a new...

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...

In 1965, Daniel Patrick Moynihan warned that non-marital childbearing and marital dissolution were undermining the progress of African Americans. I argue that what Moynihan identified as a race-specific problem in the 1960s has now become a classbased phenomena as well. Using data from a new...