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Relationships have changed dramatically in the last fifty years. Fewer couples are marrying, more are cohabiting. Reasons for this shift abound, but the shift may have consequences of its own. A number of models predict that those cohabiting will specialize less than those marrying. Panel data...
Persistent link: https://www.econbiz.de/10014357520
divorce rates. We ask whether making divorce easier affected the educational structure of marriage. Based on marriage and … divorce certificate data covering 1970-1988, we provide new evidence on the evolution of the educational structure of marriage … affect the educational structure of marriage: it made generally unstable hypogamous couples (women marrying less educated …
Persistent link: https://www.econbiz.de/10014358612
and marriage markets can result in a "gendered" equilibrium which is consistent with observed empirical regularities: men … earn more than women, and their attachment to the labor market is stronger. The equilibrium also exhibits a marriage wage …
Persistent link: https://www.econbiz.de/10014358631
This paper explains a stylized fact about the correlation between rising wage inequality and declining marriage rates … equilibrium in which the whole marriage market is divided into distinct groups and only people in the same group will marry each … other. Using IPUMS data from 1970 to 2000, our estimates show that in past decades the U.S. marriage market experienced a …
Persistent link: https://www.econbiz.de/10014207405
Social scientists have long been interested in marital homogamy and its relationship with inequality. However, measuring homogamy is not straightforward, particularly when one is interested in assessing marital sorting based on multiple traits. In this paper, we argue that Separate Extreme Value...
Persistent link: https://www.econbiz.de/10015053877
daughters, when the marriage market exhibits competitive dowry payments and altruistic but paternalistic parents benefit from …
Persistent link: https://www.econbiz.de/10013325346
Persistent link: https://www.econbiz.de/10001672709
social insurance. We focus on the Vietnamese’s beliefs in marriage fortune predictions by the Taoist astrological system Tử … Vi. First, we estimate a structural model of assortative marriage matching and show that such beliefs’ importance in … marriage formation amounts to 6.5% of that of the entire age and education profile. Second, we estimate the effect of …
Persistent link: https://www.econbiz.de/10015046286
theory predicts that most of the gender age difference at first marriage will persist even if the gender wage-gap disappears … value of their current match exceeds that of remaining single. If both partners propose, the meeting ends up in a marriage … ages of first-time brides and grooms. We show that modeling the marriage decision in this simple way is sufficient to …
Persistent link: https://www.econbiz.de/10003724133
In this paper we derive an explicit model of negotiations between spouses when utility is (partially) transferable only in case of separation. We show that inefficient separation may occur in equilibrium even under consensual divorce law. This provides theoretical support for the view that...
Persistent link: https://www.econbiz.de/10011406635