The baby-boom and subsequent baby-bust have shaped much of the history of the second half of the 20th century; yet it is still largely unclear what caused them. This paper presents a new unified explanation of the fertility Boom-Bust that links the latter to the Great Depression and the...

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 interaction between frictional labour and marriage markets...

The empirical literature addressing links between the labor and the marriage markets is numerous and varied. Despite this, the theoretical (equilibrium) literature that explicitly links the two markets is less developed, particularly so with frictional markets. We build an equilibrium search...

The relative attractions from both inherited and acquired traits in martial choices can change. We expand the traditional dimension of assortative mating through only labor income to both labor income and inheritance as Frémeaux (2014) accomplished. This paper studies the concentration and...

We examine the impact of sibling gender composition on women's adult earnings. Using data from Add Health, we find that women with any brothers earn roughly 10 percent less than women with no brothers in their late 20s and early 30s. This effect is primarily due to lower earnings within broadly...

Policy changes in the United States in the 1990s resulted in sizable increases in employment rates of single mothers. We show that this increase led to a large and abrupt increase in work experience for single mothers with young children. We then examine the economic return to this increase in...

Over the last three decades, Spanish female labor force participation (LFP) has tremendously increased, particularly, that of married women. At the same time, the income tax structure, the fiscal treatment of families, policies to reconcile family and work, and the education distribution of...

Over the last three decades, Spanish female labor force participation (LFP) has tremendously increased, particularly, that of married women. At the same time, the income tax structure, the fiscal treatment of families, policies to reconcile family and work, and the education distribution of...

Married, cohabiting, and divorced men in Sweden earn more than single men. The wage premium earned by married men has declined since 1968, mainly due to decreasing productivity differences between married and single men. During this period, reforms have been undertaken to induce spouses to share...

This paper demonstrates that a woman's propensity to separate from her husband or live-in partner depends positively on male wage inequality on her local marriage market - the more heterogeneous potential future mates are in terms of earnings power, the more likely a woman is to end her...