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Getting Hitched: The Equilibrium Marriage Market Behaviour of a British Cohort

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Author Info
Dan Anderberg () (Department of Economics, Royal Holloway, University of London)

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Abstract

This paper structurally estimates an equilibrium model of the marriage market using data from the British Cohort Study. The results suggest that both search frictions and selective behaviour determine who marries whom and when, and that education is the most important determinant of an individual’s attractiveness. Simulations of the model, however, only replicate a fraction of the correlations of partners’ characteristics observed in the data, leading us to question some assumptions commonly made in the literature. Simulations also suggest that increased participation in education may have contributed to increased sorting into partnerships.

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Publisher Info
Paper provided by Department of Economics, Royal Holloway University of London in its series Royal Holloway, University of London: Discussion Papers in Economics with number 04/12.

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Length: 30 pages
Date of creation: Jul 2004
Date of revision: Jul 2004
Handle: RePEc:hol:holodi:0412

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Related research
Keywords: Marriage; Assortative Mating;

Find related papers by JEL classification:
J6 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies

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References listed on IDEAS
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.:
  1. Robert Shimer & Lones Smith, 2000. "Assortative Matching and Search," Econometrica, Econometric Society, vol. 68(2), pages 343-370, March.
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  2. Fernández, Raquel & Guner, Nezih & Knowles, John, 2001. "Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality," CEPR Discussion Papers 3040, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  3. Kremer, Michael, 1997. "How Much Does Sorting Increase Inequality?," The Quarterly Journal of Economics, MIT Press, vol. 112(1), pages 115-39, February.
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  4. Michael Kremer & Daniel Chen, 1999. "Income-Distribution Dynamics with Endogenous Fertility," American Economic Review, American Economic Association, vol. 89(2), pages 155-160, May. [Downloadable!] (restricted)
  5. Gould, Eric D. & Paserman, M. Daniele, 2003. "Waiting for Mr. Right: rising inequality and declining marriage rates," Journal of Urban Economics, Elsevier, vol. 53(2), pages 257-281, March. [Downloadable!] (restricted)
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  6. 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.. [Downloadable!] (restricted)
    Other versions:
  7. Bloch, Francis & Ryder, Harl, 2000. "Two-Sided Search, Marriages, and Matchmakers," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(1), pages 93-115, February.
  8. Machin, Stephen & Pelkonen, Panu & Salvanes, Kjell G., 2008. "Education and Mobility," IZA Discussion Papers 3845, Institute for the Study of Labor (IZA). [Downloadable!]
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  9. Keeley, Michael C, 1977. "The Economics of Family Formation," Economic Inquiry, Oxford University Press, vol. 15(2), pages 238-50, April.
  10. Burdett, Ken & Coles, Melvyn G, 1997. "Marriage and Class," The Quarterly Journal of Economics, MIT Press, vol. 112(1), pages 141-68, February.
  11. Gottschalk, Peter, 1997. "Inequality, Income Growth, and Mobility: The Basic Facts," Journal of Economic Perspectives, American Economic Association, vol. 11(2), pages 21-40, Spring. [Downloadable!] (restricted)
  12. Michael Kremer & Daniel Chen, 2000. "Income-distribution Dynamics with Endogenous Fertility," NBER Working Papers 7530, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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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.)

  1. Gautier, Pieter A & Svarer, Michael & Teulings, Coen N, 2005. "Marriage and the City," CEPR Discussion Papers 4939, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  2. Konrad, Kai A & Lommerud, Kjell Erik, 2008. "Love and Taxes - and Matching Institutions," CEPR Discussion Papers 6703, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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