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Educational Homogamy: Preferences or Opportunities?

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  • Helena Skyt Nielsen

    (Department of Economics, University of Aarhus)

  • Michael Svarer

    (Department of Economics, University of Aarhus)

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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File URL: http://www.econ.ku.dk/cam/wp0910/wp0406/2006-12.pdf/
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Bibliographic Info

Paper provided by University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics in its series CAM Working Papers with number 2006-12.

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Length: 25 pages
Date of creation: Aug 2006
Date of revision:
Handle: RePEc:kud:kuieca:2006_12

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

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  1. Pieter A. Gautier & Michael Svarer & Coenraad N. Teulings, 2005. "Marriage and the City," CESifo Working Paper Series 1422, CESifo Group Munich.
  2. Michael J. Brien & Lee A. Lillard & Steven Stern, 2006. "Cohabitation, Marriage, And Divorce In A Model Of Match Quality," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(2), pages 451-494, 05.
  3. 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.
  4. Gregory D. Hess, 2002. "Marriage and Consumption Insurance: What's Love Got To Do With It?," Claremont Colleges Working Papers, Claremont Colleges 2002-15, Claremont Colleges.
  5. Raquel Fernández & Nezih Guner & John Knowles, 2005. "Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 120(1), pages 273-344, January.
  6. Pierre-Andre Chiappori & Yoram Weiss & Murat Iyigun & Yoram Weiss, 2006. "Investment in Schooling and the Marriage Market," 2006 Meeting Papers, Society for Economic Dynamics 43, Society for Economic Dynamics.
  7. Lisa Jepsen & Christopher Jepsen, 2002. "An empirical analysis of the matching patterns of same-sex and opposite-sex couples," Demography, Springer, Springer, vol. 39(3), pages 435-453, August.
  8. Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 81(4), pages 813-46, July-Aug..
  9. Nakosteen, Robert A & Zimmer, Michael A, 2001. "Spouse Selection and Earnings: Evidence of Marital Sorting," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 39(2), pages 201-13, April.
  10. Kerwin Kofi Charles & Melvin Stephens, 2004. "Job Displacement, Disability, and Divorce," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 22(2), pages 489-522, April.
  11. Kong-Pin Chen & Shin-Hwan Chiang & Siu Fai Leung, 2003. "Migration, Family, and Risk Diversification," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 21(2), pages 323-352, April.
  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, University of Chicago Press, vol. 85(6), pages 1141-87, December.
  13. 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, MIT Press, vol. 121(2), pages 673-697, May.
  14. 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).
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Cited by:
  1. Nielsen, Helena Skyt & Smith, Nina & Celikaksoy, Aycan, 2007. "The Effect of Marriage on Education of Immigrants: Evidence from a Policy Reform Restricting Spouse Import," IZA Discussion Papers 2899, Institute for the Study of Labor (IZA).
  2. Raaum Oddbjørn & Bratsberg Bernt & Røed Knut & Österbacka Eva & Eriksson Tor & Jäntti Markus & Naylor Robin A, 2008. "Marital Sorting, Household Labor Supply, and Intergenerational Earnings Mobility across Countries," The B.E. Journal of Economic Analysis & Policy, De Gruyter, De Gruyter, vol. 7(2), pages 1-49, January.
  3. repec:ese:iserwp:2008-32 is not listed on IDEAS

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