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Marriage, Wealth, and Unemployment Duration: A Gender Asymmetry Puzzle Author info | Abstract | Publisher info | Download info | Related research | Statistics Rasmus Lentz () (Boston University)
Torben Tranæs (Rockwool Foundation Research Unit, CESifo and IZA Bonn)
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This note presents evidence of the following gender asymmetry: the job-finding effort of married men and women is affected by the income of their spouses in opposite directions. For women, spouse income influences job finding negatively, just as own wealth does: the more the man earns and the wealthier the woman is, the longer it takes for her to find a job. The contrary is the case for men, where spouse income affects job finding positively: the more the wife earns, the faster the husband finds a job. This is so despite the fact that greater own wealth also prolongs unemployment spells for men. These findings are hard to reconcile with the traditional economic model of the family.
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number
1607.
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Length: 16 pages
Date of creation: May 2005Date of revision:
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Keywords: gender asymmetries ; wealth effects on job finding ; unemployment duration ; Find related papers by JEL classification: D1 - Microeconomics - - Household Behavior J4 - Labor and Demographic Economics - - Particular Labor Markets J6 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies
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