Does Variance Matter? The Effect of Rising Male Inequality on Female Age at First Marriage
AbstractFemale age at first marriage and male wage inequality have increased steadily since the late 1960s in the United States. This paper uses a model of female marital search to demonstrate why these two trends could be related. Elementary job search theory, under risk-neutrality, predicts search duration will increase given a mean preserving spread in the distribution of wage offers, because the expected value of continued job search increases.
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Bibliographic InfoPaper provided by RAND - Labor and Population Program in its series Papers with number 00-12.
Length: 37 pages
Date of creation: 2000
Date of revision:
Contact details of provider:
Postal: RAND, Labor and Population Program, 1700 Main Street, P.O. Box 2138 Santa Monica, CA 90407-2138.
Phone: (310) 393-0411, x7359
Web page: http://www.rand.org/labor.html
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MARRIAGE ; WAGES ; LABOUR MARKET;
Find related papers by JEL classification:
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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