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Educational Homogamy: Preferences or Opportunities?

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  • Nielsen, Helena Skyt

    ()
    (Aarhus University)

  • Svarer, Michael

    ()
    (Aarhus University)

Abstract

Individuals match on length and type of education. We investigate whether the systematic relationship between educations of partners is explained by opportunities (e.g. low search frictions) or preferences (e.g. complementarities in household production or portfolio optimization). We find that half of the systematic sorting on education is due to low search frictions in marriage markets of the educational institutions. The other half is attributed to complementarities in household production, since income properties of the joint income process show no influence on partner selection.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 2271.

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Length: 34 pages
Date of creation: Aug 2006
Date of revision:
Publication status: published in: Journal of Human Resources, 2009, 44(4), 1066-86
Handle: RePEc:iza:izadps:dp2271

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Keywords: hedging; search frictions; positive assortative matching on education; complementarities in household production;

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References

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  1. Pierre-André Chiappori & Murat Iyigun & Yoram Weiss, 2009. "Investment in Schooling and the Marriage Market," American Economic Review, American Economic Association, vol. 99(5), pages 1689-1713, December.
  2. Gregory D. Hess, 2001. "Marriage and Consumption Insurance: What’s Love Got to do With It?," CESifo Working Paper Series 507, CESifo Group Munich.
  3. Lisa Jepsen & Christopher Jepsen, 2002. "An empirical analysis of the matching patterns of same-sex and opposite-sex couples," Demography, Springer, vol. 39(3), pages 435-453, August.
  4. Steven Stern & Michael J. Brien & Lee A. Lillard, 1999. "Cohabitation, Marriage, and Divorce in a Model of Match Quality," Virginia Economics Online Papers 322, University of Virginia, Department of Economics.
  5. Raymond Fisman & Sheena S. Iyengar & Emir Kamenica & Itamar Simonson, 2006. "Gender Differences in Mate Selection: Evidence from a Speed Dating Experiment," The Quarterly Journal of Economics, MIT Press, vol. 121(2), pages 673-697, May.
  6. Pieter A. Gautier & Michael Svarer & Coenraad N. Teulings, 2005. "Marriage and the City," CESifo Working Paper Series 1422, CESifo Group Munich.
  7. Raquel Fernandez & Nezih Guner & John Knowles, 2001. "Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality," NBER Working Papers 8580, National Bureau of Economic Research, Inc.
  8. Kong-Pin Chen & Shin-Hwang Chiang & Siu-Fai Leung, 2002. "Migration, Family, and Risk Diversification," Working Papers 2002_01, York University, Department of Economics.
  9. Kerwin Kofi Charles & Melvin Stephens Jr., 2001. "Job Displacement, Disability, and Divorce," NBER Working Papers 8578, National Bureau of Economic Research, Inc.
  10. Claudia Goldin, 1992. "The Meaning of College in the Lives of American Women: The Past One-Hundred Years," NBER Working Papers 4099, National Bureau of Economic Research, Inc.
  11. Michael Svarer, 2004. "Is Your Love in Vain? Another Look at Premarital Cohabitation and Divorce," Journal of Human Resources, University of Wisconsin Press, vol. 39(2).
  12. Becker, Gary S & Landes, Elisabeth M & Michael, Robert T, 1977. "An Economic Analysis of Marital Instability," Journal of Political Economy, University of Chicago Press, vol. 85(6), pages 1141-87, December.
  13. Nakosteen, Robert A & Zimmer, Michael A, 2001. "Spouse Selection and Earnings: Evidence of Marital Sorting," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 201-13, April.
  14. 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..
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Cited by:
  1. Raaum, Oddbjørn & Bratsberg, Bernt & Røed, Knut & Österbacka, Eva & Eriksson, Tor & Jäntti, Markus & Naylor, Robin, 2007. "Marital Sorting, Household Labor Supply, and Intergenerational Earnings Mobility across Countries," IZA Discussion Papers 3037, Institute for the Study of Labor (IZA).
  2. repec:ese:iserwp:2008-32 is not listed on IDEAS
  3. Helena Skyt Nielsen & Nina Smith & Aycan Celikaksoy, 2007. "The Effect of Marriage on Education of Immigrants: Evidence from a Policy Reform Restricting Spouse Import," Economics Working Papers 2007-07, School of Economics and Management, University of Aarhus.

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