“A DIAMOND IS FOREVER” AND OTHER FAIRY TALES: THE RELATIONSHIP BETWEEN WEDDING EXPENSES AND MARRIAGE DURATION |
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| Authors: | Andrew Francis‐Tan Hugo M Mialon |
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| Institution: | 1. 404-727-0355404‐727‐4639;2. Department of Economics, Emory University, Atlanta, GA 30322‐2240 |
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| Abstract: | In this study, we evaluate the association between wedding spending and marriage duration using data from a survey of more than 3,000 ever‐married persons in the United States. Controlling for a number of demographic and relationship characteristics, we find evidence that marriage duration is inversely associated with spending on the engagement ring and wedding ceremony. (JEL J12, Z1, D1) |
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