Income prospects and age-at-marriage |
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Authors: | Bergstrom T Schoeni R F |
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Institution: | (1) University of Michigan, Economics Department, Ann Arbor, MI 48109, USA , US;(2) RAND, Labor and Population Program, 1700 Main Street, Santa Monica, CA 90407, USA, US |
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Abstract: | This paper provides an empirical investigation of a theoretical model of the marriage market. In the model, women are valued
more for their ability to bear children and men are valued more for their ability to make money. Men cannot reveal their labor
market ability to potential spouses until they enter the labor force. At the same time, the relevant information for evaluating
females as spouses is revealed at a younger age. The model predicts that the income of males will be positively associated
with age-at-first-marriage. We find empirical support for the model. However, we also find the association between male earnings
and age-at-first-marriage becomes negative for those who married after age 30, which was not predicted by the model. Consistent
with the model, we do not find a strong relationship between earnings and age-at-first-marriage among females.
JEL classification: J1, J12
Received August 11, 1994 / Accepted August 10, 1995 |
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Keywords: | : Marriage market age-at-marriage |
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