Gender differences and the timing of first marriages
AbstractIn this article we provide a simple model of the marriage market where singles search for spouses. In our model economy men and women live for many years and they differ in their survival probabilities, in their fecundity, and in their earnings. We show that modelling the marriage decision in a very simple model economy is sufficient to account for much of the observed marriage behavior in the United States in the year 2000. We conclude that gender differences in fecundity are all important in accounting for marriage behavior, and that differences in earnings matter little. We also conclude that, even though they are in short supply, the market power of fecund women is not enough for them to demand compensation in all cases. And that studying the marriage decision without modelling explicitly the roles played by age and by fecundity, as has been typically done by the previous literature, makes little sense.
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Bibliographic InfoPaper provided by Universidad Carlos III, Departamento de Economía in its series Economics Working Papers with number we080804.
Date of creation: Feb 2008
Date of revision:
Marriage; Search; Sex ratio;
Other versions of this item:
- Díaz-Giménez, Javier & Giolito, Eugenio P., 2008. "Gender Differences and the Timing of First Marriages," IZA Discussion Papers 3539, Institute for the Study of Labor (IZA).
- Javier Díaz-Giménez & Eugenio Giolito, 2011. "Gender Differences and the Timing of first Marriages," ILADES-Georgetown University Working Papers inv274, Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines.
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
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