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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 and establish the existence of a search equilibrium characterised by … male wage differentials. The equilibrium may also display the "marriage premium". predicted to be lower among attractive …
Persistent link: https://www.econbiz.de/10010491716
We present an equilibrium model with inter-linked frictional labour and marriage markets. Women's flow value of being … sequential job search, and can choose to improve their labour market returns as well as their marriage prospects by undertaking a …
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 … (initiated by women) is an option, in an equilibrium with male marriage premium married men have a higher reservation wage than …
Persistent link: https://www.econbiz.de/10014541634
We investigate how job displacement affects whom men marry and study implications for marriage market matching theory … of the marriage market to derive several implications of our empirical findings: (i) husbands’ and wives’ incomes are … substitutes rather than complements in the marriage market; (ii) our findings are hard to reconcile with one-dimensional matching …
Persistent link: https://www.econbiz.de/10015075023
We investigate how job displacement affects whom men marry and study implications for marriage market matching theory … of the marriage market to derive several implications of our empirical findings: (i) husbands' and wives' incomes are … substitutes rather than complements in the marriage market; (ii) our findings are hard to reconcile with one-dimensional matching …
Persistent link: https://www.econbiz.de/10015075041
We develop a two-sided directed search model of relationship formation that can be used to disentangle male and female preferences over partner characteris- tics and over relationship terms from only a cross section of observed matches. Individuals direct their search for a partner on the basis...
Persistent link: https://www.econbiz.de/10011798952
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 … previous literature on this topic claims that marriage is a waiting game in which women are choosier than men, and old and rich …
Persistent link: https://www.econbiz.de/10012771631
for this phenomenon is that wages increase with age and hence older men are more attractive in the marriage market. This … completely hold, especially in modern times. This paper shows that a marriage market equilibrium where women marry earlier in …, the average age at first marriage and the pattern of the sex ratio of single men to single women over different age groups …
Persistent link: https://www.econbiz.de/10013319526
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
We present an equilibrium model with inter-linked frictional labour and marriage markets. Women's flow value of being … sequential job search, and can choose to improve their labour market returns as well as their marriage prospects by under …
Persistent link: https://www.econbiz.de/10012847076