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Educational Homogamy: Preferences or Opportunities?

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  • Michael Svarer
  • Helena Skyt Nielsen

    ()
    (School of Economics and Management, University of Aarhus, Denmark)

Abstract

Individuals match on length and type of education. We investigate whether the systematic relationship between educations of partners is explained by opportuni- ties (e.g. low search frictions) or preferences (e.g. complementarities in household production or portfolio optimization). We find that half of the systematic sorting on education is due to low search frictions in marriage markets of the educational institutions. The other half is attributed to complementarities in household pro- duction, since income properties of the joint income process show no influence on partner selection.

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Bibliographic Info

Paper provided by School of Economics and Management, University of Aarhus in its series Economics Working Papers with number 2006-10.

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Length: 33
Date of creation: 16 Aug 2006
Date of revision:
Handle: RePEc:aah:aarhec:2006-10

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Web page: http://www.econ.au.dk/afn/

Related research

Keywords: positive assortative matching on education; search frictions; hedging; complementarities in household production;

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References

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  1. Michael J. Brien & Lee A. Lillard & Steven Stern, 2006. "Cohabitation, Marriage, And Divorce In A Model Of Match Quality," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(2), pages 451-494, 05.
  2. Gautier, Pieter & Svarer, Michael & Teulings, Coen, 2005. "Marriage and the City," IZA Discussion Papers 1491, Institute for the Study of Labor (IZA).
  3. Raquel Fernandez & Nezih Guner & John Knowles, 2001. "Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality," NBER Working Papers 8580, National Bureau of Economic Research, Inc.
  4. Chiappori, Pierre-André & Iyigun, Murat & Weiss, Yoram, 2006. "Investment in Schooling and the Marriage Market," IZA Discussion Papers 2454, Institute for the Study of Labor (IZA).
  5. Kong-Pin Chen & Shin-Hwang Chiang & Siu-Fai Leung, 2002. "Migration, Family, and Risk Diversification," Working Papers 2002_01, York University, Department of Economics.
  6. Nakosteen, Robert A & Zimmer, Michael A, 2001. "Spouse Selection and Earnings: Evidence of Marital Sorting," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 201-13, April.
  7. Gregory D. Hess, 2001. "Marriage and consumption insurance: what's love got to do with it?," Working Paper 0104, Federal Reserve Bank of Cleveland.
  8. Claudia Goldin, 1993. "The Meaning of College in the Lives of American Women: The Past One-Hundred Years," Working Papers 899, Queen's University, Department of Economics.
  9. Michael Svarer, 2004. "Is Your Love in Vain? Another Look at Premarital Cohabitation and Divorce," Journal of Human Resources, University of Wisconsin Press, vol. 39(2).
  10. Kerwin Kofi Charles & Melvin Stephens Jr., 2001. "Job Displacement, Disability, and Divorce," NBER Working Papers 8578, National Bureau of Economic Research, Inc.
  11. Becker, Gary S & Landes, Elisabeth M & Michael, Robert T, 1977. "An Economic Analysis of Marital Instability," Journal of Political Economy, University of Chicago Press, vol. 85(6), pages 1141-87, December.
  12. Raymond Fisman & Sheena S. Iyengar & Emir Kamenica & Itamar Simonson, 2006. "Gender Differences in Mate Selection: Evidence from a Speed Dating Experiment," The Quarterly Journal of Economics, MIT Press, vol. 121(2), pages 673-697, May.
  13. Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-46, July-Aug..
  14. Lisa Jepsen & Christopher Jepsen, 2002. "An empirical analysis of the matching patterns of same-sex and opposite-sex couples," Demography, Springer, vol. 39(3), pages 435-453, August.
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Cited by:
  1. Nielsen, Helena Skyt & Smith, Nina & Celikaksoy, Aycan, 2007. "The Effect of Marriage on Education of Immigrants: Evidence from a Policy Reform Restricting Spouse Import," IZA Discussion Papers 2899, Institute for the Study of Labor (IZA).
  2. Raaum, Oddbjørn & Bratsberg, Bernt & Røed, Knut & Österbacka, Eva & Eriksson, Tor & Jäntti, Markus & Naylor, Robin, 2007. "Marital Sorting, Household Labor Supply, and Intergenerational Earnings Mobility across Countries," IZA Discussion Papers 3037, Institute for the Study of Labor (IZA).
  3. repec:ese:iserwp:2008-32 is not listed on IDEAS

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