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Income Prospects and Age at Marriage

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Author Info
Ted Bergstrom (University of California, Santa Barbara)
Bob Schoeni (University of Michigan)

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Abstract

In an earlier paper Courtship as a Waiting Game, Mark Bagnoli and I proposed a theory that explained why it is the case that in almost every society and at almost all recorded times, the average age at marriage of men exceeds that of women. An additional prediction of this model was that men who married later in life would turn out to have higher incomes when they reach maturity than those who marry young. The current paper reviews this theory and tests it with U.S. data. Consistent with our theory, we find that there is a strong positive relationship for men between age at marriage and earnings in later life and that no such relationship exists for women.

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File URL: http://repositories.cdlib.org/cgi/viewcontent.cgi?article=1138&context=ucsbecon
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Publisher Info
Paper provided by Department of Economics, UC Santa Barbara in its series University of California at Santa Barbara, Economics Working Paper Series with number 1995E.

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Date of creation: 11 Aug 1995
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Handle: RePEc:cdl:ucsbec:1995e

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Related research
Keywords: marriage age; screening; age at marriage; income;

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Cited by:
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  1. Gillian Hamilton & Aloysius Siow, 2007. "Class, Gender and Marriage," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(4), pages 549-575, October. [Downloadable!] (restricted)
  2. Wong, Linda, 2001. "Structural Estimation of Marriage Models," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 A1-1, International Conferences on Panel Data. [Downloadable!]
    Other versions:
  3. Devereux, Paul J. & Tripathi, Gautam, 2008. "Optimally Combining Censored and Uncensored Datasets," CEPR Discussion Papers 6990, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  4. Aloysius Siow, 1996. "Differential Fecundity, Markets and Gender Roles," Working Papers siow-96-01, University of Toronto, Department of Economics. [Downloadable!]
    Other versions:
  5. David S. Loughran & Julie M. Zissimopoulos, 2004. "Are There Gains to Delaying Marriage? The Effect of Age at First Marriage on Career Development and Wages," Working Papers 207, RAND Corporation Publications Department. [Downloadable!]
  6. David S. Loughran, 2000. "Does Variance Matter? The Effect of Rising Male Inequality on Female Age at First Marriage," Working Papers 00-12, RAND Corporation Publications Department. [Downloadable!]
  7. Nizam Khan & Andrew D. Foster, 1994. "Equilibrating the Marriage Market in a Rapidly Growing Population: Evidence from Rural Bangladesh," Home Pages _080, University of Pennsylvania. [Downloadable!]
  8. Namkee Ahn & Pedro Mira, . "Job bust, baby bust: The Spanish case," Studies on the Spanish Economy 12, FEDEA. [Downloadable!]
    Other versions:
  9. Danziger, Leif & Neuman, Shoshana, 1999. "On the Age at Marriage: Theory and Evidence from Jews and Moslems in Israel," CEPR Discussion Papers 2209, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  10. Eugenio Giolito, 2004. "A Search Model of Marriage with Differential Fecundity," Labor and Demography 0402007, EconWPA. [Downloadable!]
  11. Gillian Hamilton & Aloysius Siow, 1999. "Marriage and Fertility in a Catholic Society: Eighteenth-Century Quebec," Working Papers siow-99-01, University of Toronto, Department of Economics. [Downloadable!]
  12. Gould, Eric D & Paserman, Marco Daniele, 2002. "Waiting for Mr Right: Rising Inequality and Declining Marriage Rates," CEPR Discussion Papers 3388, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  13. Lee Lillard & Linda Waite, 2000. "Marriage, Divorce and the Work and Earning Careers of Spouses," Working Papers wp003, University of Michigan, Michigan Retirement Research Center. [Downloadable!]
  14. Mark Bagnoli & Ted Bergstrom, . "Courtship as a Waiting Game," Papers _030, University of Michigan, Department of Economics. [Downloadable!]
    Other versions:
  15. Giolito, Eugenio P., 2004. "A Search Model of Marriage with Differential Fecundity," IZA Discussion Papers 1082, Institute for the Study of Labor (IZA). [Downloadable!]
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