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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 approach a financial level associated with idealized norms of marriage. We …
Persistent link: https://www.econbiz.de/10011149779
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 approach a financial level associated with idealized norms of marriage. We …
Persistent link: https://www.econbiz.de/10005000281
This study tests the effect of relative income – younger people's earning potential relative to their aspirations, as approximated by older families' income – on the proportions married, by sex, in the first fifteen years out of school. It finds that relative income has become a better...
Persistent link: https://www.econbiz.de/10009225761
This study tests the effect of relative income - younger people's earning potential relative to their aspirations, as approximated by older families' income - on the proportions married, by sex, in the first fifteen years out of school. It finds that relative income has become a better measure...
Persistent link: https://www.econbiz.de/10010278405
possibility of discriminating between different models of behavior. This is studied for theories of marriage, which crucially … depend on auxiliary assumptions as to what contributes to well-being in marriage. Both applications are empirically tested …
Persistent link: https://www.econbiz.de/10005627769
This study investigates the relationship of relative income on males' marital behavior using individual data taken from the Japanese Employment Status Survey. The data show that relatively low-income males among each reference group are more likely to marry when their income approaches the 50th...
Persistent link: https://www.econbiz.de/10013169160
income inequality. To these ends, we use rich data from the United States and Norway over the period 1980-2007. We find … educational assortative mating accounts for a non-negligible part of the cross-sectional inequality in household income. However …, changes in assortative mating over time barely move the time trends in household income inequality. The reason is that the …
Persistent link: https://www.econbiz.de/10010404597
The prevalence and stability of marriage has declined in the United States as the economic lives of men and women have … childbearing between socioeconomic groups raise concerns about child wellbeing in poor families and future inequality. This paper …
Persistent link: https://www.econbiz.de/10010387956
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...
Persistent link: https://www.econbiz.de/10014422286
COVID-19 pandemic on marriage and childbirth in Iran. The results of the empirical investigation using logistic regressions … suggest that the experience of unemployment due to the pandemic is positively associated with marriage during the pandemic and … the experience of losing a close relative or family member is negatively associated with marriage. In addition, concern …
Persistent link: https://www.econbiz.de/10014418010