The present paper adopts a modelling perspective derived from goods characteristics analysis [Lancaster (1971)] and the general ideas of transactions costs. This is implemented in estimated equations, which feature the age of partner sought as the dependent variable and own age and various other personal characteristics, and characteristics desired in a partner, as the right-hand side variables. The results show a very strong relationship between age and desired partner age. More interestingly, the coefficient on partner age is statistically significantly less than one. This implies a growing gap in the market as the participants grow older as they will be unable to find a suitable match unless they are able to bring a sufficiently increasing stock of other assets to compensate for their own increased age. We also find the male partner age coefficient to be significantly lower than that for females. This conforms to the findings of Cameron and Collins (1997) using a radically different data set.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Find related papers by JEL classification: D2 - Microeconomics - - Production and Organizations J1 - Labor and Demographic Economics - - Demographic Economics
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)